Why did Luck Stone raise the haul rates on September 6th?
We are all familiar with the sharp increase in fuel prices this year. In September of last year, gasoline and diesel were about $1.70 and $1.60 per gallon respectively. This year weve seen an increase of over 100% for both. Luck Stone utilizes the services of contract haulers to move products from our plants to our customers locations. Every day these haulers use a great deal of diesel fuel in the delivery process. With fuel prices jumping so rapidly, these haulers were losing a substantial amount of money because of the huge gap in quoted haul rates and the actual cost of fuel. By taking immediate action we are able to continue to find haulers willing to contract with Luck Stone and to ensure that your material arrives in a timely matter. How long are these immediate increases effective? These immediate increases in haul rates will be in effect until a fuel surcharge is implemented. At this time Luck Stone will rescind the $.45/ton additional haul rate and then implement a longer term
