Fuel Surcharge
June 2009
Back in January 2005 SECURED COURIER adopted a new method of calculating its fuel
surcharge. This was the same method as our competitors used and is widely accepted
in our industry. The new system more accurately reflects fuel prices across Canada.
The fuel surcharge will be subject to review at the end of each billing cycle. It
is a simple and easy to understand fomula that is based on a widely recognized measurement
tool.
The fuel surcharge will be adjusted based upon the average price of regular unleaded
gas established by M.J. Ervine & Associates, a company that monitors fuel prices across
Canada daily.
The fuel surcharge appears on your invoice. Please call if you have any questions.
Please note that there are no fuel surcharges for any deliveries performed by bike
or walker or metro pass couriers with our GREENTEAM Courier
division.
Fuel Surcharge Analysis and Rate Chart
Fuel surcharge applied for June: 12%
Gas price average based on previous two weeks: 1.005
|
Cost / Litre
|
Actual Surcharge
|
|
$0.650 - $0.699
|
0%
|
|
$0.700 - $0.749
|
4%
|
|
$0.750 - $0.799
|
6%
|
|
$0.800 - $0.849
|
9%
|
|
$0.850 - $0.899
|
10%
|
|
$0.900 - $0.949
|
11%
|
|
$0.950 - $0.999
|
12%
|
|
$1.000 - $1.049
|
12%
|
|
$1.050 - $1.099
|
12%
|
|
$1.100 - $1.149
|
13%
|
|
$1.150 - $1.199
|
14%
|
|
$1.200 - $1.249
|
15%
|
|
$1.250 - $1.299
|
16%
|
|
$1.300 - $1.349
|
17%
|
|
$1.350 - $1.399
|
18%
|
|
$1.400 - $1.449
|
19%
|
We will adjust the surcharge % 2x per month for the following 2 week billing period.
The gas cost itself, is based on data accumulated by public source M.J. Ervine & Associates LTD.
M.J. Ervine Weekly Pump Price Survey.