Make an actual impact on fuel costs with the G Squared Fuel Card
-
Accepted at 99% of stations nationwide
-
Discounts up to $1.58 off per gallon
-
Premier 24/7, 365 customer support
G Squared Fuel Card
5 sec.
Cut costs and experience convenience with fuel advances and express funding on your factored invoices.
Dismiss
How much could you save with the G Squared Fuel Card?
Click here to find out!Drive Now, Pay Later!
Running low on funds before delivery? Our Fuel Advance service gives you access to up to 40% of your current payment, helping you cover fuel costs or handle unexpected expenses while you're on the road.
How It Works:
Pick Up the Load
Start by securing your shipment and ensuring all details are accurate.
Submit the Required Documents
Provide your GSF representative with the rate confirmation and the pick-up Bill of Lading (BOL).
Receive Your Funds
Once the documents are reviewed and approved, your fuel advance will be issued promptly.
Request Additional Advances
You can submit as many fuel advance requests as needed—just remember, it's one advance per load.
With GSF, you’re never alone. We’re here to back you up, load after load, making sure you stay fueled and ready for every journey!
Join us today!Understanding Fuel Surcharge: What It Means for Truck Drivers and Transportation Companies
Fuel costs are one of the most significant expenses for trucking companies and independent truck drivers. To help offset fluctuations in fuel prices, many transportation contracts include a fuel surcharge. But what exactly is a fuel surcharge, and how does it impact your business?
What is a Fuel Surcharge?
A fuel surcharge is an additional fee that is added to the cost of shipping goods. This fee helps carriers recover the extra costs incurred when fuel prices rise beyond a certain baseline. Since fuel prices can be unpredictable, the surcharge provides a way for trucking companies to maintain profitability while continuing to serve shippers and brokers.
How Does the Fuel Surcharge Work?
The fuel surcharge is typically calculated based on the national average price of diesel fuel, published weekly by the U.S. Energy Information Administration (EIA). If the price rises above a predetermined benchmark, the surcharge kicks in. The surcharge is often calculated as a percentage of the total freight charge or as a rate per mile.
Why is the Fuel Surcharge Important?
A fuel surcharge offers financial protection against fuel price volatility. It ensures that carriers aren't solely responsible for absorbing rising fuel costs, which can impact profitability. For shippers and brokers, the surcharge provides a fair mechanism to address fuel fluctuations transparently.
How Can You Calculate Your Fuel Surcharge?
Use our Fuel Surcharge Calculator to estimate potential surcharge amounts. By entering the current price of diesel and the relevant parameters for your load, you can get a quick estimate of the surcharge for your shipments. This tool is designed to provide general guidance and help you plan better, maintain profitability, and avoid surprises.
Disclaimer: This Fuel Surcharge Calculator is provided for informational purposes only. The results are estimates and may not reflect the actual charges imposed by shippers, brokers, or other third parties. We make no guarantees about the accuracy, completeness, or reliability of the calculations. By using this tool, you acknowledge that any financial decisions you make are your sole responsibility, and we are not liable for any losses or damages that may result from its use.
Take Control of Your Fuel Costs
Fuel prices may be out of your control, but your ability to manage them isn't. Our Fuel Surcharge Calculator gives you real-time insights, helping you plan for current and future shipments and protect your bottom line.
Fuel Surcharge Calculator
Your Fuel Surcharge (per mile) will appear here.