Business intelligence

Protect Your Bottom Line with Smarter Fuel Surcharges: Staying Competitive with Stratum

March 26, 2025

Fuel prices are unpredictable, and managing fuel surcharges (FSCs) is a critical yet challenging task for haulage businesses. Stratum’s Fuel Surcharge tools simplify this process, giving you the control and efficiency needed to stay competitive.

With over 15 years of experience, Stratum specialises in helping transport companies streamline operations and reduce administrative burdens. Here’s how our tools can support your business:

Stay Ahead of Fuel Price Changes

Fuel price volatility can disrupt your plans and throw off your projections. Especially in recent times, we've seen just how volatile fuel prices can be. No one wants to bear the brunt of this uncertainty, which is why staying on top of the market and your own rates is critical for protecting your bottom line.

With Stratum TMS, we offer a comprehensive Fuel Surcharge management dashboard that allows you to track all your FSC rates and expiry dates in one place. Without this visibility, understanding your company's future and making accurate projections often falls to guesswork and rough estimations. Our tools provide you with the control you need to keep your business flexible and dynamic, backed by the evidence required to make smarter management decisions.

Manage Customer-Specific Rates with Ease

Tailoring fuel surcharge rates for individual customers adds another layer of complexity. Stratum's tool allows you to manage customer-specific rates, including setting expiry dates and automatic updates. Stay on top of fuel prices week-to-week without the manual work as your Stratum system does the work of switching rates in the background.

This ensures that each customer is charged accurately, based on their specific agreement, without the need for constant manual adjustments. With less manual work involved, your team can focus on negotiating rates and terms with customers, backed by accurate and up-to-date information.

When it comes to negotiating with customers, get the tools and transparency you need for clear detailed surcharge breakdowns that enhance your communication.

All While Simplifying the Paperwork

Managing fuel surcharges manually is time-consuming and prone to errors. Stratum's tool automates the entire process, from calculation to application, cutting down on paperwork and ensuring accuracy across the board.

What it all boils down to is a streamlining of the admin around fuel surcharges. Rates are managed in one central place, without manual calculation and automatically apply customer-by-customer, job-by-job. FSCs are always current and accurately applied, reducing manual effort, eliminating risk of errors, and simplifying disputes.

By freeing up your resources, you can protect your bottom line, focus on having more dynamic rates and spend time focusing on more important tasks.

For more articles like this, visit our blog or explore www.stratum.ie. Contact us today to discuss how Stratum can support your goals for 2025 and beyond.

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