GREEN BAY, Wis. — Schneider National Inc. has announced today that it has made significant improvements to its fuel surcharge program for owner-operators and fleet owners. Effective immediately, Schneider will pay fuel surcharges on both empty and loaded miles. The new, enhanced program will increase revenues for owner-operators and fleet owners amid volatile and rapidly rising fuel costs.
In addition, a new, easy-to-understand payout table will replace the company’s previous fuel program formula, with the payout rate based on price bands relative to the weekly Department of Energy fuel price. Finally, the company will eliminate the lag in paying out the fuel surcharge and compensate owner-operators and fleet owners for both the loads and fuel surcharge on the same weekly settlement.
“Fuel continues to be the top cost for owner-operators and fleet owners,” said Mike Bethea, field operations manager/contractors for Schneider National. “Today’s business climate is a difficult one and we want to help our owner-operators and fleet owners continue to succeed and become more profitable. This investment recognizes the value they bring to Schneider and our clients nationwide.”
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News