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IHB fuel surcharge status report |
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The current IHB fuel surcharge on private price documents |
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subject to the terms of Tariff IHB 6010-C is 42%. |
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The IHB fuel surcharge scheduled to to become effective 9/1/2008 |
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under the terms Tariff IHB 6010-C will be 42%. |
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Fuel Surcharge Effective Date |
Surcharge Amount |
Surcharge Status |
Average Monthly WTI Price |
Basis Month |
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8/1/2008 |
42% |
Active |
$133.93
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June 2008 |
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9/1/2008 |
42% |
Future |
$133.44
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July 2008 |
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10/1/2008 |
TBD |
Future |
TBD |
August 2008 |
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The current IHB fuel surcharge on tariff |
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IHB 8325, and other agreements which are subject to the terms |
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of IHB Tariff 6011, are as shown below. |
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Fuel Surcharge Effective Date |
Surcharge Amount |
Surcharge Status |
Average Monthly OHD Price |
Basis Month |
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Tariff IHB 8325 |
Other Portage and Burns Harbor, IN agreements |
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8/1/2008 |
$64 |
$117 |
Active |
$4.677 |
June 2008 |
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9/1/2008 |
$69 |
$126 |
Future |
$4.703 |
July 2008 |
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10/1/2008 |
TBD |
TBD |
Future |
TBD |
August 2008 |
Notice Notice Notice
Effective August 1st,
2008 the Indiana Harbor Belt Railroad will change its method of assessing
fuel surcharges, eliminating the fuel surcharge application from IHB Tariffs
IHB 8000 covering the Chicago Switch District and IHB 3001 covering general
commodities to and from the IHB stations of Portage and Burns Harbor, IN.
Tariff IHB 8325 series
which publishes rates and charges on various commodities moving in local
service on the IHB is still subject to fuel surcharge tariff IHB 6011.
The current IHB fuel
surcharge tariff IHB 6010 applies only on private tariffs, regulated and
deregulated contracts, and IHB exempt quotes.
If you have any questions
please visit the IHB website or contact your IHB representative.
Have a safe day
Jim Sheppard
Senior Director –
Commercial Operations
