Site icon BioCoTech Americas

Fuel surcharge: Increasing garbage collection costs

Fuel Surcharges

are pricing instruments used by transportation based services and are influenced by the cost of fuel. In order to maintain margins and profitability, waste collection companies funnel the cost of fuel to their customers. In other words, as the cost of fuel rises so does your garbage collection cost.

Fuel surcharges are one of many factors influencing the price of your garbage collection service, others include; franchising fees, minimum wage increases, China’s ban on recyclables, and more. However, fuel surcharges tend to be less predictable as the global macro environment is virtually unpredictable.

Emerging technologies within the waste diversion industry present a compelling solution for businesses. On-site alternatives to waste collection services create value by eliminating the economic and environmental impacts associated with the transportation and treatment of organic waste. Depending on the business, anywhere between 20-50% of the waste stream is considered organic, compostable material. Therefore, businesses have the potential to eliminate the relative costs associated with the organic material of their waste stream.

 

To find out more please visit https://biocotechamericas.com/.

Check out Waste Management Inc. surcharge table.

Exit mobile version