A(n)________ clause in a logistics contract can take the form of a fuel surcharge that allows trucking companies to adjust prices based on the current price of fuel.

Logistics Contract

A legally binding agreement specifying the terms and conditions under which logistics services will be provided.

Fuel Surcharge

An additional fee charged by transporters to cover the fluctuating costs of fuel, often variable and linked to fuel price indexes.

Build comprehension around the key ideas and strategies inherent to various pricing arrangements.
Learn about the effect of cost factors on the determination of pricing strategies and the rationalization for price alterations.

Verified Answer

Final Answer :

escalator

Learning Objectives

Build comprehension around the key ideas and strategies inherent to various pricing arrangements.
Learn about the effect of cost factors on the determination of pricing strategies and the rationalization for price alterations.