The Newark Group Implements Shipping Surcharge
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The Newark Group, Cranford, N.J., USA, reports that effective April 11 its Paperboard Products division will implement the following fuel surcharges per shipment to a customer's dock:
- 0 - 24 miles, $25 ·
- 25 - 74 miles, $80 ·
- 75 - 124 miles, $130 ·
- 125 - 174 miles, $180 ·
- 175 - 224 miles, $235 ·
- 225 miles or more, $290.
The company attributes the surcharges to a rapid escalation of diesel fuel prices, and says they are calculated on a base cost of $3.14/gal, which is the U.S. Energy Information Administration's average diesel price for the month of November 2010.
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