Question for those who contract with the line companies. When the last load puts you over the contract tonnes (say a 70 t contract and you deliver 71 and-a-bit), how does the extra get paid where you deliver?
- Contract price, as long as you're within a tolerance (and what tolerance is in yours, 5%? 10%?)
- The day's cash price for the extra
- A separate cash ticket or a second small contract for the overage
- Something else
And does it come on the same settlement as the contract or a separate one?
Second part: how do you keep track of it? Do you write the extra against the contract, start a new line for it, or just go by what the settlement says?
Same question the other way. If you come up short and they let it go or roll it, how does that show up?
- Contract price, as long as you're within a tolerance (and what tolerance is in yours, 5%? 10%?)
- The day's cash price for the extra
- A separate cash ticket or a second small contract for the overage
- Something else
And does it come on the same settlement as the contract or a separate one?
Second part: how do you keep track of it? Do you write the extra against the contract, start a new line for it, or just go by what the settlement says?
Same question the other way. If you come up short and they let it go or roll it, how does that show up?