For the third quarter of 2020, the CASS Index, which is being used to monitor and evaluate U.S. Inland rates reflected an average of 131.78 for Truckload. As a result, tariff and contract motor rates will remain unchanged on December 1st. 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 $2.426. Therefore, the Intermodal Fuel Percentage will remain at 16%. The requirements and index history are available here.
The next quarterly review is set January 2021, after which any necessary adjustments will be made on March 1, 2021.
If you have any questions, please contact your sales representative or the Customer Care Department at 1-800-CROWLEY.