Fuel Surcharge Information

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Fuel Surcharge Information

Novex utilizes a Variable Fuel Surcharge for the courier division which reflects the changing average price of regular unleaded gas in the Lower Mainland. Should the price of gas decrease, so too will the surcharge rate, thus enabling us to pass the savings on to you. Be sure to check back every month for any changes.

 

Fuel Surcharge Rates:

 
  Courier Rates:  
 Effective May 1-31, 2016 16%
  Effective April 1-30, 2016 15%
  Effective March 1-31, 201615%
     
  Freight Rates:  
  Effective May 1-31, 201617.5%
  Effective April 1-30, 201616.5%
  Effective March 1-31, 201616.5%

 

For more information contact info@novex.ca

 

About our Variable Fuel Surcharge

Fuel represents a significant variable cost in the provision of transportation services. Employing a variable fuel surcharge allows Novex to avoid frequent changes in its base shipping rates and allows the overall cost of shipping to vary (both up and down) with the market price of fuel. Although Novex utilizes gasoline and diesel in the provision of its services, Novex’s fuel surcharge is adjusted monthly, based on changes in the market price of unleaded gasoline in order to provide Novex’s customers with an easy to understand basis for changes (both up and down) in Novex’s fuel surcharge.

The fuel surcharge applies to all courier and freight shipments tendered to Novex regardless of destination and is applied to the sum of the base shipping rate and additional weight charges.

 

Note:

Weekly prices will be based on price published by MJ Ervin & Associates, a research company that monitors and analyzes the price of gas in cities across Canada. The updated fuel surcharge rate will be available to you on www.novex.ca.. This fuel surcharge will apply only to vehicle deliveries and will not apply to bicycle deliveries.

If you have any questions regarding the Variable Fuel Surcharge, please do not hesitate to contact us at 604.278.1935.

 

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