Quarterly Intermodal Index Requirements - Crowley

Shipping and Logistics

Quarterly Intermodal Index Requirements

Crowley will be utilizing the CASS index to monitor costs and adjust inland rates in Tariffs and Contracts. The indexes can be found here:

CASS Index

Crowley will review the quarterly average index values for Truckload Linehaul and Intermodal Rail in January, April, July and October.   If the indexes increase or decrease by more than 2% from the baseline amounts, we will announce the change and adjust the inland component of tariff and contract rates by an equal amount 30 days later.   If there is less than a 2% change then there will be no adjustment and the Current Baseline will remain unchanged.   If there is an adjustment then the Current Baseline will be updated to reflect the new baseline.

Below are the Quarterly Indexes and change by Quarter: 

Quarter Trucking Index Change Rate Change % Effective Current Baseline Rail Index Change Rate Change % Effective Current Baseline
3Q2014 121.3     11/1/2014 121.3 129.7     11/1/2014 129.7
4Q2014 124.8 3.50 2.89% 2/1/2015 121.3 131.7  2.00 1.54%  2/1/2015 129.7
1Q2015  125.1   3.80   3.13%   5/1/2015   121.3   131.9    2.20   1.76%   5/1/2015  129.7 
2Q2015 124.0 2.70 2.23%  8/17/2015  124.0 128.7 -1.00 -0.77% 8/17/2015  129.7 
3Q2015 125.6  1.60   1.30%     11/19/2015 124.0  126.6  -3.10  -2.40%  11/19/2015   126.6 
4Q2015 126.8 2.80  2.25%   2/18/2016   126.8   127.5    0.90    0.71%   2/18/2016   126.6 
1Q2016 125.3 -1.50  -1.18%   5/20/2016   126.8   127.9   1.30   1.03%   5/20/2016   126.6 
2Q2016  121.8  -5.00  -3.94%   8/22/2016  121.8  125.7  -0.90  -0.69%   8/22/2016  126.6
3Q2016 122.3 0.50 0.41%    11/20/2016 121.8 124.4 -2.20 -1.74% 11/20/2016 126.6
4Q2016 125.2 3.40 2.79%   2/25/2017   125.2   128.4  1.80  1.42%   2/25/2017   126.6 
1Q2017 124.4 -0.80 -0.64%     6/01/2017  125.2 133.6 7.00 5.53% 6/01/2017 133.6
2Q2017 123.4 -1.80 -1.44% 9/01/2017 125.2 128.6 -5.00 -3.74% 9/01/2017 128.6
3Q2017 126.0 0.80 0.64% 12/01/2017 125.2 126.8 -1.80 -1.40% 12/01/2017 128.6

Crowley Intermodal Fuel Surcharge

The intermodal fuel surcharge will be applicable to all open tariff and contract inland moves and is based on the DOE Monthly Retail On-Highway Diesel Prices Average All Types U.S (Dollars per gallon including all taxes) index ( https://www.eia.gov/petroleum/gasdiesel/ )  and the Crowley Intermodal fuel surcharge table (see below).  The averages will be reviewed quarterly and adjustments made as outlined below:

Review Quarter Review Date Effective Date
Q1 2017 April 30, 2017 June 1, 2017
Q2 2017 July 31, 2017 September 1, 2017
Q3 2017 October 31, 2017 December 1, 2017
Q4 2017 January 31, 2018 March 1, 2018

 Below are the Quarterly Averages and Fuel Surcharges: 

Quarter DOE Average Fuel Percentage Effective Dates
Q1 2017 $2.567 18% 6/1/17-8/31/17
Q2 2017       $2.551       17.5%  9/1/17-11/30/17 
Q3 2017 $2.625 18.5% 12/1/17-2/28/18

Crowley Liner Services

FUEL SURCHARGE PROGRAM

"DOE" National Average Surcharge "DOE" National Average Surcharge
1.20 - 1.239 1.0% 2.84 - 2.879 21.5%
1.24 - 1.279 1.5% 2.88 - 2.919 22.0%
1.28 - 1.319 2.0% 2.92 - 2.959 22.5%
1.32 - 1.359 2.5% 2.96 - 2.999 23.0%
1.36 - 1.399 3.0% 3.00 - 3.039 23.5%
1.40 - 1.439 3.5% 3.04 - 3.079 24.0%
1.44 - 1.479 4.0% 3.08 - 3.119 24.5%
1.48 - 1.519 4.5% 3.12 - 3.159 25.0%
1.52 - 1.559 5.0% 3.16 - 3.199 25.5%
1.56 - 1.599 5.5% 3.20 - 3.239 26.0%
1.60 - 1.639 6.0% 3.24 - 3.279 26.5%
1.64 - 1.679 6.5% 3.28 - 3.319 27.0%
1.68 - 1.719 7.0% 3.32 - 3.359 27.5%
1.72 - 1.759 7.5% 3.36 - 3.399 28.0%
1.76 - 1.799 8.0% 3.40 - 3.439 28.5%
1.80 - 1.839 8.5% 3.44 - 3.479 29.0%
1.84 - 1.879 9.0% 3.48 - 3.519 29.5%
1.88 - 1.919 9.5% 3.52 - 3.559 30.0%
1.92 - 1.959 10.0% 3.56 – 3.599 30.5%
1.96 - 1.999 10.5% 3.60 – 3.639 31.0%
2.00 - 2.039 11.0% 3.64 – 3.679 31.5%
2.04 - 2.079 11.5% 3.68 – 3.719 32.0%
2.08 - 2.119 12.0% 3.72 – 3.759 32.5%
2.12 - 2.159 12.5% 3.76 – 3.799 33.0%
2.16 - 2.199 13.0% 3.80 – 3.839 33.5%
2.20 - 2.239 13.5% 3.84 – 3.879 34.0%
2.24 - 2.279 14.0% 3.88 – 3.919 34.5%
2.28 - 2.319 14.5% 3.92 – 3.959 35.0%
2.32 - 2.359 15.0% 3.96 – 3.999 35.5%
2.36 - 2.399 15.5% 4.00 – 4.039 36.0%
2.40 - 2.439 16.0% 4.04 – 4.079 36.5%
2.44 - 2.479 16.5% 4.08 – 4.119 37.0%
2.48 - 2.519 17.0% 4.12 – 4.159 37.5%
2.52 - 2.559 17.5% 4.16 – 4.199 38.0%
2.56 - 2.599 18.0% 4.20 – 4.239 38.5%
2.60 - 2.639 18.5% 4.24 – 4.279 39.0%
2.64 - 2.679 19.0% 4.28 – 4.319 39.5%
2.68 - 2.719 19.5% 4.32 – 4.359 40.0%
2.72 - 2.759 20.0% 4.36 – 4.399 40.5%
2.76 - 2.799 20.5% 4.40 – 4.439 41.0%
2.80 - 2.839 21.0% 4.44 – 4.479 41.5%
4.48 – 4.519 42.0% 4.84 – 4.879 46.5%
4.52 – 4.559 42.5% 4.88 – 4.919 47.0%
4.56 – 4.599 43.0% 4.92 – 4.959 47.5%
4.60 – 4.639 43.5% 4.96 – 4.999 48.0%
4.64 – 4.679 44.0% 5.00 – 5.039 48.5%
4.68 – 4.719 44.5% 5.04 – 5.079 49.0%
4.72 – 4.759 45.0% 5.08 – 5.119 49.5%
4.76 – 4.799 45.5% 5.12 – 5.159 50.0%
4.80 – 4.839 46.0% 5.16 – 5.199 50.5%