Fuel Surcharge
During the past decade, the global transportation market has been reacting to the ever-increasing fuel and oil prices. In order to continue providing a reliable, competitive product that our market demands, we have made the difficult but necessary decision to follow the lead of other transportation companies and implement a fuel surcharge.
The fuel surcharge will be adjusted based upon the national average price of regular unleaded gas established by MJ Ervin and Associates, a company that monitors fuel prices across Canada daily. The fuel surcharge matrix below (effective June 1st, 2006) illustrates the average pump price range that the surcharge will be based upon.
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Dynamic Fuel Surcharge Table
Canada Average Regular Unleaded Gasoline Price (C$/Litre)At least | But less than | Surcharge Amounts |
$0.70 | $0.799 | 5.00% |
$0.80 | $0.899 | 6.00% |
$0.90 | $0.999 | 7.00% |
$1.00 | $1.099 | 8.00% |
$1.10 | $1.199 | 9.00% |
$1.20 | $1.299 | 10.00% |
$1.30 | $1.399 | 11.00% |
$1.40 | $1.499 | 12.00% |
$1.50 | $1.599 | 13.00% |
$1.60 | $1.699 | 14.00% |
*Note: Should fuel prices rise beyond the prices noted, the table above would be updated.
The fuel surcharge applies to all cash-in-transit, over-the-road, first line maintenance, bags/supplies, night depository, coin, cash replenishment, specials and valuable transportation services.
Current fuel surcharge rates will be posted approximately two weeks prior to the end of the month. Determination of the surcharge rate will be based on the average of the prior calendar month. For example: August 2006 surcharge amount is based on the national average of June 2006.
Fuel Surcharge FAQs