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What is the Fuel surcharge formula?

Fuel Surcharge Formula = Base Rate + (Base Rate x Fuel Surcharge Percentage)

Where:

* Fuel Surcharge Formula: This is the formula used to calculate the fuel surcharge.

* Base Rate: This is the base rate of the freight shipment, excluding the fuel surcharge.

* Fuel Surcharge Percentage: This is the percentage of the base rate that is added as the fuel surcharge. The percentage is typically based on the current price of fuel.