Fuel Surcharge Bills Introduced
Legislation that would require a fuel surcharge on all truckload shipments and that the surcharge be passed on to owner-operators has been introduced on Capitol Hill.
The Senate bill, S1914, is sponsored by Sens. John Kerry (D-Mass.) and Christopher "Kit" Bond (R-Mo.). A similar bill (HR2161) was introduced into the House of Representatives by Reps. Nick Rahall (D-W.V.) and Roy Blunt (R-Mo.). Both bills are titled the "Motor Carrier Fuel Cost Equity Act."
The two bills are backed by the Owner-Operator Independent Drivers Assn. OOIDA has been pushing for fuel surcharge legislation since fuel prices reached record highs in 2000. Although fuel prices have come back down, the association believes the fuel surcharge bill would prepare the industry for future spikes in price of fuel.
"It's not a question of if fuel prices rise again, it's when," said OOIDA Executive Vice President Todd Spencer.
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