Veltex Corporation (VLXC)

[bikggal2000]

Regarding fuel charges...
As I indicated on RB previously, I am a manager of a trucking firm. When we sign short term contracts, we charge a 3% or 4% fuel surcharge, depending on current rates. The percentage is determined for a 1 month period of time. Any loads signed up/running during that period of time, will be at x%. Sometimes I am able to "steal" the business by being able to give the 3% if they sign the contract prior to a certain date - when the fuel surcharge jumps to 4%. For longer term contracts, we run 3 1/2%. This pretty well covers the high and low for the term of the contract.