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Fuel Cost

Canadian_digger

Canadian_digger

Senior Member
Joined
Oct 31, 2007
Messages
811
Location
Ontario
What is everyone doing with the steep increase in fuel prices? They are going up daily with no end in site!

Are you adjusting rates as they go up?
Adding a fuel surcharge?
Absorbing the cost?
Other?
 
C

cuttin edge

Senior Member
Joined
Nov 9, 2014
Messages
2,720
Location
NB Canada
Occupation
Finish grader operator
Don't know what the plan is. Oil goes up, so does liquid asphalt. We add 15% to everything in winter to offset the shutdown season. Having to fire up a 350 excavator in order to break into frozen stock piles ain't cheap. Some government contracts have items that allow for fuel costs. Gas was $1.56 L last week, jumped to $1.61 Thursday, then $1.70 yesterday. I think fuel is $1.85, like $5 something a gallon
 
Acoals

Acoals

Senior Member
Joined
Dec 15, 2019
Messages
1,327
Location
Wisconsin
Occupation
Jack of all trades/Master of none
Diesel jumped from $4.00 to about $4.50 overnight a couple days ago here in Wisconsin. I guess I will be just trying to keep pushing pricing up to keep up.
Just got a price on an undercarriage for my excavator, just the chains and sprockets are $4900, last year the same quote was $3900 . . . it isn't just the fuel that's causing pricing problems.
 
C

cuttin edge

Senior Member
Joined
Nov 9, 2014
Messages
2,720
Location
NB Canada
Occupation
Finish grader operator
I just put $197.00 worth of...no cost of gas in my truck today. Hearing that it is going up another 12 cents per liter tonight. Just waiting for the power company to request a rate increase to cover the cost of fuel
 
T

tdrainage

Well-Known Member
Joined
Feb 23, 2013
Messages
108
Location
paris, IL
Gas has gone from 3.59gal to 4.17 in the last 48hrs here in east central IL - on road diesel is 4.29 to 4.79gal Last off-road we got about 10 days ago was at 3.29gal. How does a guy know how to quote these days? May do like local electrician - quote is good for 3 days only.....
 
J

JLarson

Senior Member
Joined
Aug 23, 2020
Messages
656
Location
AZ
Occupation
Owner- civil and heavy repair/fab company
Out travel charge is going up in service calls. Quotes have only been good for a few days plus there's pricing subject to world events and conditions language in since the china flu started.
 
CM1995

CM1995

Administrator
Joined
Jan 21, 2007
Messages
13,350
Location
Alabama
Occupation
Running what I brung and taking what I win
Canadian_digger said:
Are you adjusting rates as they go up?
Adding a fuel surcharge?
Absorbing the cost?
Other?
Click to expand...

All the above. We can only charge so much more and be competitive so we eat some of it. The "other" is the wildcard.

Best advice I can give is buckle up it's going to be wild ride.
 
T

tdrainage

Well-Known Member
Joined
Feb 23, 2013
Messages
108
Location
paris, IL
I agree on the wild ride for the foreseeable future. We are fortunate that we have a very good workload and most our clients do not depend on one particular years income to base their decisions on. They also understand real world issues and do not have any issue with realistic and fair price increases. But like you we eat some of it also
 
J

JLarson

Senior Member
Joined
Aug 23, 2020
Messages
656
Location
AZ
Occupation
Owner- civil and heavy repair/fab company
I see me and my boys doing a few bulk fuel installs in the near future.
 
K

Kiwi-truckwit

Senior Member
Joined
Nov 20, 2016
Messages
315
Location
New Zealand
cuttin edge said:
Don't know what the plan is. Oil goes up, so does liquid asphalt. We add 15% to everything in winter to offset the shutdown season. Having to fire up a 350 excavator in order to break into frozen stock piles ain't cheap. Some government contracts have items that allow for fuel costs. Gas was $1.56 L last week, jumped to $1.61 Thursday, then $1.70 yesterday. I think fuel is $1.85, like $5 something a gallon
Click to expand...
Our petrol in New Zealand is over $3 a litre now. Diesel over $2 per litre
 
K

Kiwi-truckwit

Senior Member
Joined
Nov 20, 2016
Messages
315
Location
New Zealand
crane operator said:
That's only $5/ gallon in Us dollars, unless he did a currency exchange.
Click to expand...
That's in $nzd. Diesel vehicles also need to pay a separate road user tax, which is $78/1000km for a passenger vehicle.
If you were to own a typical truck& trailer in NZ, you'd be paying $400/1000km for the truck, and $238/1000km for the trailer.
So for our fleet that runs on average 50L-100km, you're paying $1.64/km just on diesel and road user charges
 
K

Kiwi-truckwit

Senior Member
Joined
Nov 20, 2016
Messages
315
Location
New Zealand
I have little doubt that we will. Our current govt is determined to move away from ICE vehicles, meantime we're importing record amounts of coal to generate electricity in our ageing Huntiy power station, which is already on borrowed time

crane operator said:
Sorry, I hope you guys don't end up regretting that.
Click to expand...
 
CM1995

CM1995

Administrator
Joined
Jan 21, 2007
Messages
13,350
Location
Alabama
Occupation
Running what I brung and taking what I win
Kiwi-truckwit said:
That's in $nzd. Diesel vehicles also need to pay a separate road user tax, which is $78/1000km for a passenger vehicle.
If you were to own a typical truck& trailer in NZ, you'd be paying $400/1000km for the truck, and $238/1000km for the trailer.
So for our fleet that runs on average 50L-100km, you're paying $1.64/km just on diesel and road user charges
Click to expand...

How many KM's on average per year per truck?
 
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