TABLE OF CONTENTS Jun 2008 - 0 comments

US law would ensure O/Os get fuel surcharge

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WASHINGTON, D. C. - New legislation put forth recently by two US Senators would require US trucking companies to pay 100% of the fuel surcharge they collect to an owner/operator, or whoever actually pays for the fuel.

The move has garnered praise from the Owner-Operators' Independent Drivers Association (OOIDA). Senators Olympia Snowe (R-Maine) and Sherrod Brown (D-Ohio) proposed the 'Truthful Reliable Understanding of Consumer Costs' Act.

"This Bill will go a long way toward helping truckers survive the brutal cost of fuel," responded Todd Spencer, executive vice-president of OOIDA. "And it will provide needed assurance to shippers and ultimately consumers that higher shipping costs are actually because of higher fuel prices and not gouging by greedy middlemen."

In Canada, there is no legislation requiring carriers to pass 100% of the surcharge on to O/Os.

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