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%
June 19 1.334
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%

       

 

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                [content] => Contracts for ro-ro freight capacity with Brittany Ferries, DFDS, P&O and Stena Line to ‘help ensure supply of vital medicines’, can be terminated for £11.5m – ‘considerably less than last time’
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    2019 / 10 / 14
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                [title] => UK road freight Brexit congestion plan ‘Operation Brock’ to ‘go live on 28 October’
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                [content] => Government tries to get Kent roads ready for congestion to and from Dover port and Eurotunnel as it continues to prepare for a ‘no-deal’ departure from the EU on 31 October – despite parliament having legislated to prevent that happening
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    2019 / 10 / 14

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Contact Us

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

01268 554335

ops@magnumlogstics.co.uk

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