Carload Rate Based Standard HDF Fuel Surcharge
Union Pacific's carload rate based standard HDF fuel surcharge program is based on the Department of Energy (DOE) On-Highway Diesel Fuel Price (US Average). Information about actual fuel surcharges applied and details about the program are included below.
This fuel surcharge program will apply as follows:
- Fuel surcharge will be adjusted on a monthly basis.
- The basis for the surcharge will be determined by the U.S. Average price of DOE On-Highway Diesel Fuel for a calendar month, as reported weekly on the U.S. Department of Energy website.
- In the event the average monthly price of Retail On-Highway Diesel Fuel, equals or exceeds $1.35 per gallon, a surcharge beginning at 1.5% will apply.
- For every five cent increase above $1.35 per gallon, the surcharge applied will increase by 0.5%. See the threshold schedule for more details.
- When the average DOE price drops below $1.35 per gallon, no fuel surcharge will apply.
- The surcharge will be billed to applicable shipments beginning the second month following the month on which the DOE average price calculation was based. (Example: the average reported DOE price for the month of February 2007 would determine the fuel surcharge applied throughout the month of April 2007.)
- Fractions of dollars resulting from the application of a fuel surcharge will be dropped if less than fifty (50) cents and increased to the next whole dollar if fifty (50) cents or more.
This surcharge became effective with shipments billed on or after June 1, 2003. The fuel surcharge will be applied to the line haul freight charge(s) that make reference to this fuel cost recovery program.
This program does not affect UP's existing Intermodal surcharge program.
The DOE price is reported weekly on the U.S. Department of Energy website.
Fuel Surcharge Rate
| Month applied | Surcharge applied | Basis month | HDF Avg. monthly price | WTI Avg. monthly price |
| Jun 2024 | 28.0% | Apr 2024 | $4.002 | $84.39 |
| May 2024 | 28.0% | Mar 2024 | $4.022 | $80.41 |
| Apr 2024 | 28.0% | Feb 2024 | $4.044 | $76.61 |
| Mar 2024 | 26.5% | Jan 2024 | $3.854 | $73.86 |
| Feb 2024 | 27.5% | Dec 2023 | $3.972 | $72.12 |
| Jan 2024 | 30.5% | Nov 2023 | $4.254 | $77.38 |
| Dec 2023 | 33.0% | Oct 2023 | $4.507 | $85.50 |
| Nov 2023 | 33.5% | Sep 2023 | $4.563 | $89.43 |
| Oct 2023 | 31.5% | Aug 2023 | $4.370 | $81.32 |
| Sep 2023 | 26.5% | Jul 2023 | $3.882 | $76.03 |
| Aug 2023 | 26.0% | Jun 2023 | $3.802 | $70.28 |
| Jul 2023 | 27.0% | May 2023 | $3.915 | $71.62 |
| Jun 2023 | 28.5% | Apr 2023 | $4.099 | $79.44 |
| May 2023 | 30.0% | Mar 2023 | $4.211 | $73.38 |
| Apr 2023 | 32.0% | Feb 2023 | $4.413 | $76.86 |
| Mar 2023 | 33.5% | Jan 2023 | $4.576 | $78.16 |
| Feb 2023 | 35.0% | Dec 2023 | $4.714 | $76.52 |
| Jan 2023 | 40.5% | Nov 2022 | $5.255 | $84.39 |