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Article: House adopts surprise fuel surcharge regulation: shippers, carriers are caught off-guard as lawmakers slip a provision mandating fuel surcharges into the federal highway bill.(NEWS & ANALYSIS)
- Article from:
- Logistics Management (Highlands Ranch, CO)
- Article date:
- April 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON -- As if soaring oil prices and rising fuel surcharges weren't enough to contend with, shippers may soon have yet another fuel-related obstacle to overcome: government regulation. When the House of Representatives passed its version of the federal highway bill (H.R. 3) last month, lawmakers inserted a last-minute provision that would establish mandatory procedures for calculating fuel surcharges.
If it becomes law, the surprise addition could have profound implications for the trucking industry "This is the single largest regulatory trucking issue since deregulation," said Jeff Tucker, chief executive officer of the Tucker Go., a freight broker and ...