Inland Cost Monitoring – March 2019
For February 2019, the CASS Index, which is being used to monitor and evaluate U.S. Inland rates reflected an average of 138.4 for Truckload. As a result, tariff and contract motor rates will be reduced by 3.50% effective May 1st, 2019. The CASS Indexes can be found here.
For the same period, the Department of Energy’s retail on-highway diesel prices all types index monthly average, which is being used to determine the Intermodal Fuel Charge, was $2.997. Therefore, the Intermodal Fuel Percentage will remain at 23% for May 2019. The requirements and index history are available here.
The next review is set for April 2019 after which an appropriate adjustment will be made if necessary.