To Our Valued Customers:
In the past several months the diesel fuel index has been hovering around the $2.750 benchmark we established back in November of 2008. We have resisted when the index went slightly above the benchmark in initiating the surcharge hoping it would return to previous levels. All of the current indications and trends show a steady rise in fuel prices in the near future. This trend, and the current fuel index of $2.909 will create a fuel surcharge for the month of September of $1.75 per load.
We will continue to monitor the index on a monthly basis in hopes the trend reverses and we can go back to a zero surcharge. Thank you for your continued business and we are looking forward to being your supplier of choice in 2010.
Dave Royse, CMC Executive V.P. Neal Morris, CMC General Manager