Home Truck News Marine Atlantic delays fuel surcharge hike by six months - Truck News

Marine Atlantic delays fuel surcharge hike by six months – Truck News

Ferry operator Marine Atlantic, which had previously announced a fuel surcharge increase for June 1, has issued a press release indicating it is delaying the increase by six months. The Crown corporation provides ferry service between Newfoundland and Nova Scotia.

“As Marine Atlantic evaluates ongoing fuel pricing measures, including the implementation of the federal carbon tax this summer, the Corporation has opted to delay the implementation of the updated fuel surcharge until at least December 1, 2023. The current 13% fuel surcharge will remain in place until that time,” the release said.

Picture of a truck on a ferry
(Photo: iStock)

In April, Marine Atlantic announced it would be introducing a new fuel surcharge program designed to be more transparent and predictable for customers. The new formula was to be directly tied to the average fuel price paid by Marine Atlantic.

“With current fuel costs, the surcharge will increase from 13% to 17% effective June 1. This rate is based upon the average cost of fuel. The fuel surcharge will be updated twice per year, on June 1 and December 1. To provide pricing stability for customers, the fuel surcharge will be applied at the time of booking, not the time of travel,” an earlier news release stated.


Credit: Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

CTA submits federal budget wish list – Truck News

The Canadian Trucking Alliance (CTA) has submitted a wish list to the...

Economic Trucking Trends: Trailer orders plummet as truck tonnage snaps ‘back to reality’ – Truck News

A recovery in the freight markets may have experienced a hiccup according...

‘Freedom Convoy’ organizer suing Ottawa for using Emergencies Act to freeze accounts – Truck News

A main organizer of the “Freedom Convoy” is suing the federal government...

Nikola trims losses, looks to ramp up production – Truck News

Nikola Corp. pared losses in the fourth quarter and ramped up deliveries...

Free webinar on incident response management – Truck News

Trucking is one of the few industries that shares its workplace with...