Magnum Logistics charge a fuel adjustment factor (FAF) monthly which varies depending on the price of fuel each month. The following scale table represents the fuel adjustment by reference to the average regional pump price. The information is drawn from AA.com and can be found on the AA website. The report on the AA website (Essex and East Anglia, litre price) is published in arrears and the fuel escalator is applied on the third month. For example, January fuel percentage will be applied in March and so on.

Current Month Avg. Pump Price Diesel (£) FAF%
Feb 19 1.292
Avg. Pump Price Diesel (£) FAF %
Min Max
1.190 1%
1.191 1.23 2%
1.231 1.27 3%
1.271 1.31 4%
1.311 1.35 5%
1.351 1.39 6%
1.391 1.43 7%
Avg. Pump Price Diesel (£) FAF %
Min Max
1.431 1.47 8%
1.471 1.51 9%
1.511 1.55 10%
1.551 1.59 11%
1.591 1.63 12%
1.631 1.67 13%
1.67 1.71 14%

       

Blog

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                [content] => Priority is to develop common information technology standards in order to increase the industry’s efficiency, says logistics consultant 
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    2019 / 04 / 18
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                [content] => Sea-rail transportation solution 'further taps trade potential under Belt and Road Initiative'
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    CEVA launches block train service between China and Europe
    2019 / 04 / 18

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Contact Us

Magnum Logistics Limited,
Wharf Lane,
Vange Wharf,
Basildon
SS16 4SP

01268 554335

ops@magnumlogstics.co.uk