Phone: (630) 530-3132
Please be advised of the situation currently impacting both the EIA and weekly published Diesel Fuel averages used by carriers to bill for fuel. As of today, the last published Diesel Fuel date is from 6/13, when the national average posted was $5.718. As we navigate through a period of the unknown in terms of how carriers will adjust and bill for fuel, please rest assured that the TranzAct processing of your freight invoices will continue to operate under standard rules and regulations. TranzAct’s sophisticated system and processing regulations are robust and built to handle whatever scenario occurs. We will continue to process freight invoices and, as needed, credits and/or balance dues related to fuel discrepancies will be processed. It is worth noting that rating discrepancies should be expected and noted within your organization, especially if accruals are being received and referenced. Rest assured that TranzAct’s system and processing guidelines are built to handle both credits and/or balance dues. If you have questions around this memo, please contact your TranzAct Account Manager.
For the latest EIA announcement please visit: https://www.eia.gov/