{"id":311,"date":"2019-08-23T14:58:23","date_gmt":"2019-08-23T19:58:23","guid":{"rendered":"http:\/\/www.gmrtransport.com\/en\/?p=311"},"modified":"2019-08-23T14:59:56","modified_gmt":"2019-08-23T19:59:56","slug":"fuel-surcharge-prioritizing-transparency-to-avoid-unpleasant-surprises","status":"publish","type":"post","link":"https:\/\/www.gmrtransport.com\/en\/fuel-surcharge-prioritizing-transparency-to-avoid-unpleasant-surprises\/","title":{"rendered":"Fuel Surcharge : Prioritizing Transparency to Avoid Unpleasant Surprises"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">You are about to enter into an agreement with your freight carrier to ship your cargo from point A to point B for a negotiated and set fee. After exercising due diligence, you determine that the agreement is in order and you prepare to sign it. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Were you aware that the agreed-upon cost could increase by 30% to 45% based on a variable fee that is totally out of your control? Seems unfair, doesn\u2019t it?<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Although this situation may sound farfetched, it is nonetheless standard. <\/span><\/p>\n<h4 class=\"p1\"><span class=\"s1\"><b>Fuel surcharge: Making sure you have an accurate picture of the situation<\/b><\/span><\/h4>\n<p class=\"p1\"><span class=\"s1\">Introduced in early 2000, the fuel surcharge allows carriers to hedge against volatile diesel cost. Fluctuating from one week to another and based on the type of cargo being shipped (partial or total), this additional charge is determined according to a fuel index developed by the Freight Carrier Association of Canada (FCA), an independent pan-Canadian organization.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Although numerous factors need to be considered, a fuel surcharge generally increases transportation costs by:<\/span><\/p>\n<h4 class=\"p1\"><span class=\"s1\">15% to 20% for Less-Than-Truckload (LTL)<\/span><\/h4>\n<h4 class=\"p1\"><span class=\"s1\">35% to 45% for Truckload (TL)<\/span><\/h4>\n<p>&nbsp;<\/p>\n<h4 class=\"p1\"><span class=\"s1\"><b>A surcharge at the discretion of carriers, despite established calculation tools<\/b><\/span><\/h4>\n<p class=\"p1\"><span class=\"s1\">Although the fuel index is compiled and revised weekly by the FCA, it is not standardized, which means that carriers are not required to follow its model. Also, the carrier must decide if this surcharge is included in their proposed service rates or added to the invoice once transportation is complete. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">This results in inconsistent carrier cost evaluations. It is therefore the client\u2019s responsibility to understand and properly assess multiple quotes in order to compare fees and thus transport cargo at the best possible cost. <\/span><\/p>\n<h4 class=\"p1\"><span class=\"s1\"><b>Honesty: A G.M.R. promise<\/b><\/span><\/h4>\n<p class=\"p1\"><span class=\"s1\">Committed to transparency, G.M.R. works closely with a vast network of carriers to ensure that their fuel surcharge calculations reflect the FCA\u2019s index. The result is unequivocal: our clients consistently benefit from thorough and competitive project evaluations that reflect the realities of today\u2019s market without hiding unpleasant surprises. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are about to enter into an agreement with your freight carrier to ship your cargo from point A to point B for a negotiated and set fee. After exercising due diligence, you determine that the agreement is in order&#8230;<\/p>\n","protected":false},"author":2,"featured_media":312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/posts\/311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/comments?post=311"}],"version-history":[{"count":2,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/posts\/311\/revisions"}],"predecessor-version":[{"id":314,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/posts\/311\/revisions\/314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/media\/312"}],"wp:attachment":[{"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/media?parent=311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/categories?post=311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gmrtransport.com\/en\/wp-json\/wp\/v2\/tags?post=311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}