Fuel Surcharge - What you need to know
Iron Mountain applies a monthly adjusted fuel surcharge to customer invoices. Adjustments to the fuel surcharge are effective from the first of each month and updated on this web page approximately two weeks prior to the effective date.
The fuel surcharge is indexed to the consumer price in Euros of diesel fuel inclusive of duties and taxes. Within Europe this is measured by the European Commission Directorate General for Energy and Transport and published in the Oil Bulletin which can be accessed here
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The fuel surcharge applies to transportation charges (Trip Charges) on all services. For a complete list of items included in the fuel surcharge calculation, please refer to the following table: click here to view the eligible trip charge bill codes
Current Fuel Surcharge
Fuel Surcharge rate table
|Iron Mountain Europe|
|EU Oil Bulletin Diesel € per litre|
|Up to||Surcharge %|
Fuel surcharge percentages and thresholds are subject to change without prior notice. In addition, if the diesel fuel price fluctuates beyond the parameters set out above, the table will be updated.
What you will see on your bill
We adjust fuel surcharges monthly—up or down—as fuel prices change. Changes are applied at the end of each month and are reflected on the invoice as a separate line item.
There will be a two month lag in the application of the index. For example, the monthly average price for the diesel price in January is used to determine the applicable surcharge for March. This is due to the release dates of the spot pricing data.
Examples – EU Oil Bulletin € per Litre
Assume that your contracted trip charge is €30.00 and that the EU Oil Bulletin monthly average diesel per litre price is €1.009. Your fuel surcharges rate would be 3.69%. That would be €30 per trip X 3.69% = €1.107 per trip surcharge.
If the monthly average Oil Bulletin diesel price decreased to €0.921/litre for a measurement month, the surcharge (applied to the month that follows the measurement month by two month) would decrease to 3.06%. That would be €30.00 per trip X 3.06% = €0.92 per trip surcharge.
Conversely, if the monthly average Oil Bulletin diesel price increased to €1.052/litre for a measurement month, the surcharge (applied to the month that follows the measurement month by two month) would increase to 4.32%. That would be €30.00 per trip X 4.32% = €1.30 per trip surcharge.