Invoicing & Fuel Surcharge
All invoices are Net 15 terms. Finance charge of 1.5 percent monthly (18 percent annually) applied to all invoices over 30 days.
Fuel price is a significant factor in the cost of freight transportation. When fuel prices are high, TST Logistics, Inc. applies a fuel surcharge, calculated as a percentage of the net charges as shown on the freight bill.
The fuel index, published by the Energy Information Administration of the U.S. Department of Energy, is available by telephone at 202-586-6966 or on the department's internet site: U.S. National Average Fuel Index. We adjust the fuel surcharge rate on Tuesdays, based on the U.S. National Average Fuel Index of the previous Monday.