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 2021 3.20%
JUNE 2021 3.2%
JULY 2021 4.8%
AUGUST 2021 5.6%
SEPTEMBER 2021 5.6%
OCTOBER 2021 6.4%
NOVEMBER 2021 9.6%
DECEMBER 2021 9.6%
January 2022 9.6%
February 2022 10.4%
March 2022 13.6%
April 2022 17.6%
MAY 2022 16.8%
JUNE 2022 18.4%
JULY 2022 21.6%
AUGUST 2022 16.0%
SEPTEMBER 2022
OCTOBER 2022
NOVEMBER 2022
DECEMBER 2022
January 2023
February 2023
March 2023
April 2023

FAF Calculation Table

$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%
$2.10 – $2.15 16.8%
$2.15 – $2.20 17.6%
$2.20 – $2.25 18.4%
$2.25 – $2.30 19.2%
$2.30 – $2.35 20.0%
$2.35 – $2.40 20.8%
$2.40 – $2.45 21.6%

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.

7 + 14 =