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Jade Transport Blog

January 2017 Fuel Surcharge

Friday, December 30, 2016
Effective Jan. 1, 2017 the fuel surcharge will increase from 17% to 19%. Due to the increase in crude oil pricing,  diesel fuel prices have been going up steadily across North America. A new carbon tax initiative in Alberta is going to have a significant effect on diesel fuel effective Jan. 1. Ontario is also moving ahead with a cap and trade policy which will effect the cost of fuel over the long run. It’s immediate effect is unknown at this point. An increase in US fuel prices as well as the weakening of the Canadian dollar since the November US election has also increased our US fuel purchases somewhat. These factors are all part of the calculus for the increase in the fuel surcharge.

If you have any questions regarding fuel surcharge, please contact us at info @ jadetransport dot com or at 1.204.233.3566.

Have a safe and happy new year.

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