A fuel surcharge in freight refers to an additional fee imposed by carriers to account for fluctuations in fuel prices. As fuel prices rise or fall, carriers adjust their surcharges accordingly, either to offset increased fuel expenses or to pass on savings to customers during periods of lower fuel prices.
The fuel surcharge is typically calculated as a percentage of the freight rate and is applied to shipments to help cover the carrier's fuel costs. It is a common practice in the transportation industry and serves to ensure that carriers can maintain profitability while adapting to changes in fuel prices.