Fuel surcharge

Iron Mountain applies a fuel surcharge that is adjusted monthly. Adjustments to the fuel surcharge basis will be effective the first of each month and posted approximately two weeks prior to the effective date.

The fuel surcharge is indexed to the National U.S. Average On-Highway Diesel Fuel Prices reported by the U.S. Department of Energy for the month prior to the adjustment. For example, the surcharge for December 2020 is based on the November 2020 National U.S. Average On-Highway Diesel Fuel Price.

You can access the On-Highway Diesel Fuel Prices to reference the U.S. Department of Energy's National U.S. Average On-Highway Diesel Fuel Prices for the reported diesel fuel pricing information. (NOTE: If you click on the link, you will leave Iron Mountain's website. Iron Mountain is not responsible for the content or information provided on other web sites.)

Fuel surcharge percentages and thresholds are subject to change without prior notice. If the fuel surcharge price basis rises above $10.056 per gallon, or there are changes to the percentages and thresholds, the table will be updated.

Billing: The fuel surcharge will be included on your invoice as a separate line item. The fuel surcharge will be applied against transportation-related charges to include Trip Charges and Shredding Services. For a complete list of line items included in the fuel surcharge calculation, please refer to the following table: -click here to view the table.

For the thresholds and corresponding percentages please see the below table:


Effective 05/01/2023

At Least
But Less Than
Offsite Fuel Surcharge
Onsite Fuel Surcharge
$0.000 $1.400 0.00% 0.00%
$1.401 $1.500 2.60% 3.60%
$1.501 $1.600 3.10% 4.20%
$1.601 $1.700 3.60% 4.70%
$1.701 $1.800 4.10% 5.30%
$1.801 $1.900 4.60% 5.90%
$1.901 $2.000 5.10% 6.40%
$2.001 $2.100 5.60% 7.00%
$2.101 $2.200 6.10% 7.60%
$2.201 $2.300 6.60% 8.10%
$2.301 $2.400 7.10% 8.70%
$2.401 $2.500 7.60% 9.30%
$2.501 $2.600 8.10% 9.80%
$2.601 $2.700 8.60% 10.40%
$2.701 $2.800 9.10% 11.00%
$2.801 $2.900 9.60% 11.50%
$2.901 $3.000 10.10% 12.10%
$3.001 $3.100 10.60% 12.70%
$3.101 $3.200 11.10% 13.20%
$3.201 $3.300 11.60% 13.80%
$3.301 $3.400 12.10% 14.40%
$3.401 $3.500 12.60% 14.90%
$3.501 $3.600 13.10% 15.50%
$3.601 $3.700 13.60% 16.10%
$3.701 $3.800 14.10% 16.60%
$3.801 $3.900 14.60% 17.20%
$3.901 $4.000 15.10% 17.80%
$4.001 $4.100 15.60% 18.30%
$4.101 $4.200 16.10% 18.90%
$4.201 $4.300 16.60% 19.50%
$4.301 $4.400 17.10% 20.00%
$4.401 $4.500 17.60% 20.60%
$4.501 $4.600 18.10% 21.20%
$4.601 $4.700 18.60% 21.70%
$4.701 $4.800 19.10% 22.30%
$4.801 $4.900 19.60% 22.90%
$4.901 $5.000 20.10% 23.40%
$5.001 $5.100 20.60% 24.00%
$5.101 $5.200 21.10% 24.60%
$5.201 $5.300 21.60% 25.10%
$5.301 $5.400 22.10% 25.70%
$5.401 $5.500 22.60% 26.30%
$5.501 $5.600 23.10% 26.80%
$5.601 $5.700 23.60% 27.40%
$5.700 $5.799 24.10% 28.00%
$5.799 $5.898 24.60% 28.50%
$5.898 $5.997 25.10% 29.10%
$5.997 $6.096 25.60% 29.70%
$6.096 $6.195 26.10% 30.20%
$6.195 $6.294 26.60% 30.80%
$6.294 $6.393 27.10% 31.40%
$6.393 $6.492 27.60% 31.90%
$6.492 $6.591 28.10% 32.50%
$6.591 $6.690 28.60% 33.10%
$6.690 $6.789 29.10% 33.60%
$6.789 $6.888 29.60% 34.20%
$6.888 $6.987 30.10% 34.80%
$6.987 $7.086 30.60% 35.30%
$7.086 $7.185 31.10% 35.90%
$7.185 $7.284 31.60% 36.50%
$7.284 $7.383 32.10% 37.00%
$7.383 $7.482 32.60% 37.60%
$7.482 $7.581 33.10% 38.20%
$7.581 $7.680 33.60% 38.70%
$7.680 $7.779 34.10% 39.30%
$7.779 $7.878 34.60% 39.90%
$7.878 $7.977 35.10% 40.40%
$7.977 $8.076 35.60% 41.00%
$8.076 $8.175 36.10% 41.60%
$8.175 $8.274 36.60% 42.10%
$8.274 $8.373 37.10% 42.70%
$8.373 $8.472 37.60% 43.20%
$8.472 $8.571 38.10% 43.80%
$8.571 $8.670 38.60% 44.40%
$8.670 $8.769 39.10% 44.90%
$8.769 $8.868 39.60% 45.50%
$8.868 $8.967 40.10% 46.10%
$8.967 $9.066 40.60% 46.60%
$9.066 $9.165 41.10% 47.20%
$9.165 $9.264 41.60% 47.80%
$9.264 $9.363 42.10% 48.30%
$9.363 $9.462 42.60% 48.90%
$9.462 $9.561 43.10% 49.50%
$9.561 $9.660 43.60% 50.00%
$9.660 $9.759 44.10% 50.60%
$9.759 $9.858 44.60% 51.20%
$9.858 $9.957 45.10% 51.70%
$9.957 $10.056 45.60% 52.30%

Example

Assume that your contracted trip charge is $30. If the average On-Highway Diesel Fuel Price was $2.52/gallon for a measurement month, the surcharge (applied to the month that follows the measurement month by two months) would be 8.10%. In dollar terms, that would be $30/trip X 8.10% = $2.43/trip surcharge.

For a shredding customer, the surcharge will be applied to your shredding services. If you have an Offsite shredding service charge of $60, the Offsite Fuel Surcharge would be $60 X 8.10% = $4.86. If you have a Onsite shredding service charge of $60, the Onsite Fuel Surcharge would be $60 X 9.80% = $5.88.

If the average On-Highway Diesel Fuel Price went to $3.00/gallon for a measurement month, the surcharge would be 10.10% Offsite and 12.10% Onsite and, using the same calculation, the surcharge would be $3.18/ trip and $6.06/ Offsite shredding service or $7.26/ Onsite shredding service.