FuelSurcharges

We have tried extremely hard to hold off fuel surcharges and when it has been applied, to try and keep to a “reasonable level.” Unfortunately, we can all see fuel prices are now unreasonable.

When transport prices are set for our customers, they are based on the cost of fuel remaining between £0.90 and £1.00 per litre plus vat. The current cost of fuel per litre is substantially over this.

Clearly, this is not sustainable for a transport company. Following discussions with several customers, we aim to be more open with how fuel surcharges are calculated.

Going forward, our fuel surcharge will be calculated as 0.35% surcharge for each 1p increase or decrease outside of these parameters, please see the table below.

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FuelSurcharges

We have tried extremely hard to hold off fuel surcharges and when it has been applied, to try and keep to a “reasonable level.” Unfortunately, we can all see fuel prices are now unreasonable.

When transport prices are set for our customers, they are based on the cost of fuel remaining between £0.90 and £1.00 per litre plus vat. The current cost of fuel per litre is substantially over this.

Clearly, this is not sustainable for a transport company. Following discussions with several customers, we aim to be more open with how fuel surcharges are calculated.

Going forward, our fuel surcharge will be calculated as 0.35% surcharge for each 1p increase or decrease outside of these parameters, please see the table below.

We purchase fuel on a weekly basis. On a Monday, we will inform you of the fuel surcharge for the following Monday. On Monday 29th November cost is £1.159 per litre; Fuel Surcharge for week commencing 5th December will be 5.25%

Increase Price/Litre Fuel Surcharge Increase Price/Litre Fuel Surcharge Increase Price/Litre Fuel Surcharge
1p £1.01 0.35% 11p £1.11 3.85% 21p £1.21 7.35%
2p £1.02 0.70% 12p £1.12 4.20% 22p £1.22 7.70%
3p £1.03 1.05% 13p £1.13 4.55% 23p £1.23 8.05%
4p £1.04 1.40% 14p £1.14 4.90% 24p £1.24 8.40%
5p £1.05 1.75% 15p £1.15 5.25% 25p £1.25 8.75%
6p £1.06 2.10% 16p £1.16 5.60% 26p £1.26 9.10%
7p £1.07 2.45% 17p £1.17 5.95% 27p £1.27 9.45%
8p £1.08 2.80% 18p £1.18 6.30% 28p £1.28 9.80%
9p £1.09 3.15% 19p £1.19 6.65% 29p £1.29 10.15%
10p £1.10 3.50% 20p £1.20 7.00% 30p £1.30 10.50%

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