Shred-it appreciates the opportunity to provide its customers with essential Secure Information Destruction services. As a trusted partner, Shred-it is committed to continuous improvement programs dedicated to controlling our costs to provide our customers with the high-quality service they expect.
Here you will find more information about Shred-it’s ancillary charges. These are driven by various internal and external factors that impact our business.
1. This is a per container fee.
The Recycling Recovery Surcharge is applicable to document destruction services. This surcharge helps Shred-it maintain acceptable operating margins in the face of recycling cost increases and/or processed recyclable decreases and varies based on commodity prices in the market.
The Recycling Recovery Surcharge is a percentage applied to your invoiced services before taxes and appears on the invoice as a separate line item. The percentage varies based on a national average of recovered paper commodity prices and adjusts monthly per published rates from Fastmarket RISI’s Pulp & Paper Index.
The percentage is determined using the following table:
If your invoice subtotal is $100, and the published rates from Fastmarket RISI’s Pulp & Paper Index is $172/ton, the Recycling Recovery Surcharge would be 10.5% based on the table above.
It is calculated as follows:
Invoice Subtotal: $100.00
Recycling Recovery Surcharge: $10.50 (10.5% * $100 = $10.50)
Subtotal Before Taxes: $110.50 + applicable surcharges and taxes
The Fuel Surcharge is a percentage applied to invoiced services before taxes and appears on the invoice as a separate line item. Shred-it uses an index-based surcharge that is adjusted monthly based on the table below. Shred-it may profit from the fuel surcharge.
Changes to the surcharge will be effective the first business day of each month. The fuel surcharge is based on the National U.S. Average ‘On Highway’ Diesel Fuel Price reported by the U.S. Department of Energy for the month prior to the adjustment. The prices on these indexes are published by the U.S. Dept. of Energy and Shred-it is not responsible for the information provided.
... For every +/- $0.07 change in price per gallon of fuel, the fuel surcharge rate changes by 0.5% respectively.
* Shred-it trucks used to render onsite destruction services consume significantly more fuel than trucks used for offsite services.
Calculation example:
If your invoice subtotal is $100, and the U.S. National Weekly Retail On-Highway Diesel Prices is $3.75/U.S. gallon, the Offsite Fuel Surcharge would be 13.0% (15.0% for Onsite Service) based on the table above.
It is calculated as follows:
Invoice Subtotal: $100.00
Fuel Surcharge: $13.00 (13.0% * $100 = $13.00)
Subtotal Before Taxes: $113.00 + applicable surcharges and taxes
Shred-it has implemented an Environmental Surcharge to address environmental costs. The Environmental Surcharge is a flat 4% charge applied to invoiced services before taxes and appears on the invoice as a separate line item.
Calculation example:
If your invoice subtotal is $100, it is calculated as follows:
Invoice Subtotal: $100.00
Environmental Surcharge: $4.00 (4.0% * $100 = $4.00)
Subtotal before taxes: $104.00 + applicable surcharges and taxes