C.H. Robinson Eliminates Fuel Card Fees as Diesel Surges Past $5.40
Key Details C.H. Robinson announced it is waiving fuel card application fees and cash advance charges through May to help carriers manage skyrocketing diesel costs. The national average for ultra-low sulfur diesel hit $5.401 per gallon the week ending March 30 - the highest level since late 2022. Prices have climbed nearly $1.94 per gallon since mid-January and risen for 11 consecutive weeks. Why It Matters Fuel represents 20-28% of operating costs for most carriers, making price spikes devastating for owner-operators who account for roughly 60% of the industry's trucking network. Michael Castagnetto, C.H. Robinson's president of North American Surface Transportation, emphasized these small businesses need relief during unexpected financial strain. What Carriers Get The company's fuel card delivers up to $385 in savings per fill-up and up to $9,000 annually per truck. Carriers can also access cash advances covering up to 60% of pay after picking up loads. The fee waivers apply specifically to applications and advance requests submitted during April and May as energy prices remain volatile.
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