Schneider National Inc. announced Thursday, Nov. 3, that it has made significant improvements to its fuel surcharge program for owner-operators and fleet owners. Effective now, Schneider will pay fuel surcharges on both empty and loaded miles.

The company projects that the program will increase revenues for owner-operators and fleet owners amid volatile and rapidly rising fuel costs.

Schneider will now pay a fuel surcharge on both empty and loaded miles, resulting in a significant commitment to the livelihood of the company’s owner-operators. Additionally, a press release reported a new and easy-to-understand payout table will replace the company’s previous fuel program formula, with the payout rate based on price bands relative to the weekly Department of Energy fuel price.

Finally, the company will eliminate the lag in paying out the fuel surcharge and compensate owner-operators and fleet owners for both the loads and fuel surcharge on the same weekly settlement.

Schneider National contracts with nearly 3,000 owner-operators and fleet owners across North America. The company, North America’s largest truckload carrier, is headquartered in Green Bay, WI.