Variable Fuel Surcharge

Dufferin Concrete Readymix Truck

 

All concrete will be charged a Variable Fuel Surcharge based on the average quarterly rack and will be adjusted the 1st day of every quarter, based on the previous quarter’s average rack rate. The surcharge will be adjusted as outlined in the table below.

Rack Rate Fuel Surcharge
<$0.67/L $0.00/m3
$0.67/L to <$0.77/L $1.00/m3
$0.77/L to $0.97/L

(Base)

$2.00/m3
$0.97/L to $1.07/L $3.00/m3
>$1.07/L $4.00/m3

The base fuel surcharge for 2020 is $2.00/m3, established at average diesel fuel rack rate of $0.78/L, based on the average rack rate of Q4 2019.

 Quarter Average Rack Rate
2019-Q1 73.4
2019-Q2 74.8
2019-Q3 70.8
2019-Q4 78.5

The quarterly average rack rate is calculated based on the Monthly Average Wholesale (Rack) Prices for diesel in Toronto, as posted on the Ministry of Natural Resources website.

Please refer to our website for updates on the fuel surcharge adjustments. If you have any questions about the new surcharge, please contact your Dufferin Concrete sales representative.