Sealand announced that for the period beginning October 1st, 2019, the Inland Fuel Surcharge (IFS/EFS) will remain at $0 USD.
Surcharge Calculation
The Inland Fuel Surcharge is calculated based on the weekly average fuel price published by the U.S. Energy Information Administration (EIA). The average for the last quarter was $3.05 USD per gallon.
This surcharge is calculated at $20 USD for every $0.10 USD incremental increase above the baseline fuel retail price of $3.20 USD per gallon.
Surcharge Applicability
The Inland Fuel Surcharge will not be applied should the quarterly average fuel retail price on the EIA website from the prior quarter be lower than $3.20 USD. When applicable, the Inland Fuel Surcharge will become effective the first day of each quarter: January 1st, April 1st, July 1st, and October 1st.
