For August 2019, the CASS Index, which is being used to monitor and evaluate U.S. Inland rates reflected an average of 134.8 for Truckload. As a result, tariff and contract motor rates will decrease by 2.32% on November 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 $3.005. Therefore, the Intermodal Fuel Percentage will remain at 24% for November 2019.The requirements and index history are available here.
The next review of the CASS Index and Intermodal Fuel Charge is set for October 2019 after which an appropriate adjustment will be made if necessary.
If you have any questions, please contact your sales representative or the Customer Care Department at 1-800-CROWLEY.