FAF

The Fuel Adjustment Factor is a variable surcharge used by transport operators and freight forwarding companies to manage fluctuations in the cost of diesel fuel.

FUEL ADJUSTMENT FACTOR EXPLAINED

 

The Fuel Adjustment Factor is a variable surcharge used by transport operators and freight forwarding companies to manage fluctuations in the cost of diesel fuel.

Fuel prices change daily which can result in significant variations over the course of time. RPC Logistics base their FAF on the variance between the base fuel rate (NZD$1.15 Excl GST) and current fuel pricing (Refer FAF Calculation Table above). This percentage is calculated monthly and appears on transport invoices as a seperate line item to recover these fuel price movements.

RPC Logistics proactively manage their FAF to ensure customers share in any fuel cost reductions.

Current FAF

MAY 2020 0.8%
JUNE 2020 0.8%
JULY 2020 0.8%
AUGUST 2020 0.8%
SEPTEMBER 2020 0.8%
OCTOBER 2020 0.8%
NOVEMBER 2020 0.8%
DECEMBER 2020 0.8%
JANUARY 2021 0.8%
FEBRUARY 2021 1.6%
MARCH 2021 1.6%
APRIL 2021 2.4%
MAY 2021 3.20%
JUNE 2021 3.2%
JULY 2021 4.8%
AUGUST 2021 5.6%
SEPTEMBER 2021 5.6%

FAF Calculation Table

$0.00 – $1.10 0.0%
$1.10 – $1.15 0.8%
$1.15 – $1.20 1.6%
$1.20 – $1.25 2.4%
$1.25 – $1.30 3.2%
$1.30 – $1.35 4.0%
$1.35 – $1.40 4.8%
$1.40 – $1.45 5.6%
$1.45 – $1.50 6.4%
$1.50 – $1.55 7.2%
$1.55 – $1.60 8.0%
$1.60 – $1.65 8.8%
$1.65 – $1.70 9.6%
$1.70 – $1.75 10.4%
$1.75 – $1.80 11.2%
$1.80 – $1.85 12.0%
$1.85 – $1.90 12.8%
$1.90 – $1.95 13.6%
$1.95 – $2.00 14.4%
$2.00 – $2.05 15.2%
$2.05 – $2.10 16.0%

Get In Touch

To discuss how RPC Logistics may be able to assist with your Transportation or Managed Warehousing (3PL) requirements, please contact us for an obligation-free discussion.

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