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 www.theAA.com and can be found on the AA website. The report on the AA website (South East, 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%
Nov 19 1.3150
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%

       

 

Website By Heybridge Creative

Blog

  • Joomla\CMS\Feed\FeedEntry Object
    (
        [properties:protected] => Array
            (
                [uri] => https://www.lloydsloadinglist.com/freight-directory/news/China-US-ocean-freight-rates-continue-to-climb/75830.htm
                [title] => China-US ocean freight rates continue to climb 
                [updatedDate] => Joomla\CMS\Date\Date Object
                    (
                        [tz:protected] => DateTimeZone Object
                            (
                                [timezone_type] => 2
                                [timezone] => GMT
                            )
    
                        [date] => 2020-01-17 13:23:14.000000
                        [timezone_type] => 2
                        [timezone] => GMT
                    )
    
                [content] => Capacity tightens ahead of Chinese New Year, says digital rates specialist 
                [categories] => Array
                    (
                    )
    
                [contributors] => Array
                    (
                    )
    
                [links] => Array
                    (
                    )
    
                [publishedDate] => Joomla\CMS\Date\Date Object
                    (
                        [tz:protected] => DateTimeZone Object
                            (
                                [timezone_type] => 2
                                [timezone] => GMT
                            )
    
                        [date] => 2020-01-17 13:23:14.000000
                        [timezone_type] => 2
                        [timezone] => GMT
                    )
    
                [guid] => https://www.lloydsloadinglist.com/freight-directory/news/China-US-ocean-freight-rates-continue-to-climb/75830.htm
                [isPermaLink] => 1
                [comments] => 
                [author] => Joomla\CMS\Feed\FeedPerson Object
                    (
                        [email] => Stuart
                        [name] => Todd
                        [type] => 
                        [uri] => 
                    )
    
            )
    
    )
    
    China-US ocean freight rates continue to climb
    2020 / 01 / 17
  • Joomla\CMS\Feed\FeedEntry Object
    (
        [properties:protected] => Array
            (
                [uri] => https://www.lloydsloadinglist.com/freight-directory/news/Available-European-road-freight-capacity-down-20-in-December/75825.htm
                [title] => Available European road freight capacity down 20% in December
                [updatedDate] => Joomla\CMS\Date\Date Object
                    (
                        [tz:protected] => DateTimeZone Object
                            (
                                [timezone_type] => 2
                                [timezone] => GMT
                            )
    
                        [date] => 2020-01-17 10:09:32.000000
                        [timezone_type] => 2
                        [timezone] => GMT
                    )
    
                [content] => But higher utilization of truck space last month cannot be taken as evidence of economic recovery, study underlines
                [categories] => Array
                    (
                    )
    
                [contributors] => Array
                    (
                    )
    
                [links] => Array
                    (
                    )
    
                [publishedDate] => Joomla\CMS\Date\Date Object
                    (
                        [tz:protected] => DateTimeZone Object
                            (
                                [timezone_type] => 2
                                [timezone] => GMT
                            )
    
                        [date] => 2020-01-17 10:09:32.000000
                        [timezone_type] => 2
                        [timezone] => GMT
                    )
    
                [guid] => https://www.lloydsloadinglist.com/freight-directory/news/Available-European-road-freight-capacity-down-20-in-December/75825.htm
                [isPermaLink] => 1
                [comments] => 
                [author] => Joomla\CMS\Feed\FeedPerson Object
                    (
                        [email] => Stuart
                        [name] => Todd
                        [type] => 
                        [uri] => 
                    )
    
            )
    
    )
    
    Available European road freight capacity down 20% in December
    2020 / 01 / 17

Our Working Partners

Contact Us

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

01268 554335

ops@magnumlogstics.co.uk

Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies.
View Policy Ok