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.

The current fuel surcharge is 2.10%. We purchase fuel on a weekly basis. On a Monday, we will inform you of the fuel surcharge for the following week, on Monday 22nd May 2023 our cost is £1.0684 per litre; Fuel Surcharge for the week commencing 28thMay 2023 will be 2.10%.

Increase Price/Litre Fuel Surcharge Increase Price/Litre Fuel Surcharge Increase Price/Litre Fuel Surcharge
0p £1.00 0.00% 10p £1.10 3.50% 20p £1.20 7.00%
1p £1.01 0.35% 11p £1.11 2.45% 21p £1.21 5.95%
2p £1.02 0.70% 12p £1.12 2.80% 22p £1.22 6.30%
3p £1.03 1.05% 13p £1.13 3.15% 23p £1.23 6.65%
4p £1.04 1.40% 14p £1.14 3.50% 24p £1.24 7.00%
5p £1.05 1.75% 15p £1.15 3.85% 25p £1.25 7.35%
6p £1.06 2.10% 16p £1.16 4.20% 26p £1.26 7.70%
7p £1.07 2.45% 17p £1.17 4.55% 27p £1.27 8.05%
8p £1.08 2.80% 18p £1.18 4.90% 28p £1.28 8.40%
9p £1.09 3.15% 19p £1.19 5.25% 29p £1.29 8.75%

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