Fuel Surcharge Automation

CargoWise’s Fuel Surcharge Automation is intended to assist logistics firms in handling variable fuel costs more efficiently. This functionality enables customers to automatically add fuel surcharges to shipments based on real-time or predetermined fuel price indices. By eliminating human calculations, organizations may decrease errors and ensure consistent pricing across all forms of transportation. It connects with rate management modules to add the appropriate surcharge to customer invoices and carrier payments.

This technology supports both percentage-based and flat-rate fee models, giving the organization flexibility based on its contractual commitments. It promotes clarity in billing and helps to safeguard profit margins from fluctuations in fuel prices. Logistics organizations may maintain competitive prices while remaining financially adaptable by leveraging configurable rules and historical fuel pricing data. The capability also meets industry standards and improves operational efficiency, particularly in high-volume freight operations where manual upgrades are unfeasible. Finally, fuel surcharge automation promotes financial accuracy and builds consumer trust through consistent billing.