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Diesel Fuel Cost
                                                                                                                                    As of 01/24/2010

                                                 Diesel Cost Per Gallon                                                                                                           Current Week vs Prior Year's Week (% Variance)

 $5.00                                                                                                                                                         80.00%
 $4.50
                                                                                                                                                               60.00%
 $4.00
 $3.50                                                                                                                                                         40.00%                                                   Inflation
 $3.00
 $2.50                                                                                                                                                         20.00%
 $2.00                                                                                                                                                         0.00%
 $1.50
 $1.00                                                                                                                                                     -20.00%
                                                                                                                                                                                              Deflation
 $0.50                                                                                                                                                     -40.00%
 $0.00
                                                                                                                                                           -60.00%
         2007-1
                  2007-13
                             2007-25
                                       2007-37

                                                  2007-49
                                                             2008-9
                                                                      2008-21
                                                                                2008-33

                                                                                           2008-45
                                                                                                     2009-5
                                                                                                              2009-17
                                                                                                                         2009-29

                                                                                                                                   2009-41
                                                                                                                                             2009-52




                                                                                                                                                                        2008-21

                                                                                                                                                                                    2008-31

                                                                                                                                                                                                2008-38

                                                                                                                                                                                                          2008-45

                                                                                                                                                                                                                    2008-52

                                                                                                                                                                                                                              2009-7

                                                                                                                                                                                                                                        2009-14

                                                                                                                                                                                                                                                  2009-21

                                                                                                                                                                                                                                                            2009-28

                                                                                                                                                                                                                                                                       2009-35

                                                                                                                                                                                                                                                                                 2009-41

                                                                                                                                                                                                                                                                                           2009-48

                                                                                                                                                                                                                                                                                                     2010 - 03
                                                 High Cost By Year                                                                                                                              Average Diesel Cost by Year


$5.00                                                                                                $4.76                                             $4.50
                                                                                                                                                       $4.00                                                                                                          $3.82
$4.50
$4.00                                                                                                                                                  $3.50
                                                                                      $3.44
$3.50                                                   $3.16 $3.07                                                                                                                                                                               $2.88                                              $2.82
                                                                                                                                                       $3.00                                                                       $2.70
                                                                                                                                   $2.88                                                                                                                                            $2.46
$3.00                                                                                                               $2.81                                                                                           $2.40
                                                                                                                                                       $2.50
$2.50                                  $2.21
                                                                                                                                                       $2.00                                      $1.81
$2.00                   $1.77                                                                                                                                                     $1.51
         $1.49                                                                                                                                                   $1.32
                                                                                                                                                       $1.50
$1.50
$1.00                                                                                                                                                  $1.00
$0.50                                                                                                                                                  $0.50
$0.00                                                                                                                                                  $0.00
          2002              2003        2004                2005       2006               2007       2008               2009        2010                         2002             2003               2004           2005               2006        2007               2008            2009           2010



                                                                                                                          Data Prepared by Michael Hudson
                                                                                 Michael.Lane.Hudson@Gmail.com                                           www.michaelhudson.typepad.com
2010 - 01
Domestic U.S. Express Air Fuel Surcharge




                                                                                                                 2009 - 12
                                                                                                                 2009 - 11
                                                                                                                 2009 - 10
                                                                                                                 2009 - 09
                                                                                                                                                               www.michaelhudson.typepad.com
                                                                                                                 2009 - 08
                                                                                                                 2009 - 07
                                                                                                                 2009 - 06




                                                                                                                             Data Prepared by Michael Hudson
                                                                                                                 2009 - 05
                                           As of 1/24/2010




                                                                                                                 2009 - 04
                                                                                                                 2009 - 03




                                                                                                                                                               Michael.Lane.Hudson@Gmail.com
                                                                                                                 2009 - 02
                                                                                                                 2009 - 01
                                                                                                                 2008 - 12
                                                                                                                 2008 - 11
                                                                                                                 2008 - 10
                                                                                                                 2008 - 09
                                                                                                                 2008 - 08
                                                                                                                 2008 - 07
                                                             40%

                                                                   35%

                                                                         30%

                                                                               25%

                                                                                     20%

                                                                                           15%

                                                                                                 10%

                                                                                                       5%

                                                                                                            0%
Transpacific Bunker History
                                                                                     As of 1/24/2010



  $900
  $800
  $700
  $600
  $500
  $400
  $300
  $200
  $100
    $0
         1/5/2006

                    4/5/2006

                               7/5/2006

                                          10/5/2006

                                                      1/5/2007

                                                                 4/5/2007

                                                                               7/5/2007

                                                                                          10/5/2007

                                                                                                      1/5/2008

                                                                                                                 4/5/2008

                                                                                                                            7/5/2008

                                                                                                                                       10/5/2008

                                                                                                                                                   1/5/2009

                                                                                                                                                              4/5/2009

                                                                                                                                                                         7/5/2009

                                                                                                                                                                                    10/5/2009

                                                                                                                                                                                                1/5/2010
Data Source: TSA: TRANSPACIFIC STABILIZATION AGREEMENT


                                                                            Data Prepared by Michael Hudson
                                          Michael.Lane.Hudson@Gmail.com                               www.michaelhudson.typepad.com
Average LTL Fuel Surcharge Data
                                              As of January 24th, 2010


25%

20%

15%

10%

5%

0%
      Jun-09



                  Jul-09



                                     Aug-09



                                                     Sep-09



                                                                    Oct-09



                                                                                 Nov-09



                                                                                                 Dec-09



                                                                                                           Jan-10
  Avg LTL Fuel Surcharge                       Highest Fuel Surcharge                     Lowest Fuel Surcharge




                                              Data Prepared by Michael Hudson
                           Michael.Lane.Hudson@Gmail.com       www.michaelhudson.typepad.com
Current LTL Fuel Surcharge Data
                                                  As of January 24th, 2010



              AAA Cooper                                                                     18.50%
                      ABF                                                                         19.60%
           Averitt Express                                                                        19.60%
                Con-Way                                                                           19.60%
             Estes Express                                                                    19.00%
            FedEx Freight                                                        14.70%
           FedEx National                                                        14.70%
            Milan Express                                                                                21.80%
            Old Dominion                                                                      19.00%
                     Saia                                                                         19.60%
Southeastern Freight Lines                                                                    19.00%
        Towne Air Freight                                                                    18.50%
              UPS Freight                                                                         19.60%
          Wilson Trucking                                                                     19.00%
                      YRC                                                                         19.60%
                         0.00%




                                          5.00%




                                                            10.00%




                                                                               15.00%




                                                                                                20.00%




                                                                                                                  25.00%
                                                  Data Prepared by Michael Hudson
                                 Michael.Lane.Hudson@Gmail.com       www.michaelhudson.typepad.com

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Fuel

  • 1. Diesel Fuel Cost As of 01/24/2010 Diesel Cost Per Gallon Current Week vs Prior Year's Week (% Variance) $5.00 80.00% $4.50 60.00% $4.00 $3.50 40.00% Inflation $3.00 $2.50 20.00% $2.00 0.00% $1.50 $1.00 -20.00% Deflation $0.50 -40.00% $0.00 -60.00% 2007-1 2007-13 2007-25 2007-37 2007-49 2008-9 2008-21 2008-33 2008-45 2009-5 2009-17 2009-29 2009-41 2009-52 2008-21 2008-31 2008-38 2008-45 2008-52 2009-7 2009-14 2009-21 2009-28 2009-35 2009-41 2009-48 2010 - 03 High Cost By Year Average Diesel Cost by Year $5.00 $4.76 $4.50 $4.00 $3.82 $4.50 $4.00 $3.50 $3.44 $3.50 $3.16 $3.07 $2.88 $2.82 $3.00 $2.70 $2.88 $2.46 $3.00 $2.81 $2.40 $2.50 $2.50 $2.21 $2.00 $1.81 $2.00 $1.77 $1.51 $1.49 $1.32 $1.50 $1.50 $1.00 $1.00 $0.50 $0.50 $0.00 $0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2002 2003 2004 2005 2006 2007 2008 2009 2010 Data Prepared by Michael Hudson Michael.Lane.Hudson@Gmail.com www.michaelhudson.typepad.com
  • 2. 2010 - 01 Domestic U.S. Express Air Fuel Surcharge 2009 - 12 2009 - 11 2009 - 10 2009 - 09 www.michaelhudson.typepad.com 2009 - 08 2009 - 07 2009 - 06 Data Prepared by Michael Hudson 2009 - 05 As of 1/24/2010 2009 - 04 2009 - 03 Michael.Lane.Hudson@Gmail.com 2009 - 02 2009 - 01 2008 - 12 2008 - 11 2008 - 10 2008 - 09 2008 - 08 2008 - 07 40% 35% 30% 25% 20% 15% 10% 5% 0%
  • 3. Transpacific Bunker History As of 1/24/2010 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 1/5/2006 4/5/2006 7/5/2006 10/5/2006 1/5/2007 4/5/2007 7/5/2007 10/5/2007 1/5/2008 4/5/2008 7/5/2008 10/5/2008 1/5/2009 4/5/2009 7/5/2009 10/5/2009 1/5/2010 Data Source: TSA: TRANSPACIFIC STABILIZATION AGREEMENT Data Prepared by Michael Hudson Michael.Lane.Hudson@Gmail.com www.michaelhudson.typepad.com
  • 4. Average LTL Fuel Surcharge Data As of January 24th, 2010 25% 20% 15% 10% 5% 0% Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Avg LTL Fuel Surcharge Highest Fuel Surcharge Lowest Fuel Surcharge Data Prepared by Michael Hudson Michael.Lane.Hudson@Gmail.com www.michaelhudson.typepad.com
  • 5. Current LTL Fuel Surcharge Data As of January 24th, 2010 AAA Cooper 18.50% ABF 19.60% Averitt Express 19.60% Con-Way 19.60% Estes Express 19.00% FedEx Freight 14.70% FedEx National 14.70% Milan Express 21.80% Old Dominion 19.00% Saia 19.60% Southeastern Freight Lines 19.00% Towne Air Freight 18.50% UPS Freight 19.60% Wilson Trucking 19.00% YRC 19.60% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% Data Prepared by Michael Hudson Michael.Lane.Hudson@Gmail.com www.michaelhudson.typepad.com