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%
May 19 1.354
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] => Leading air cargo charter firm claims ‘greater business scale, resources and expertise will accelerate growth and deliver services to an even wider client base, while preserving company culture’ 
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    Chapman Freeborn sale to Avia Solutions Group
    2019 / 06 / 18
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                [content] => Negotiations over the future of Contship Italia’s Sardinian terminal CICT are continuing following the decision last week by its last major customer, Hapag-Lloyd, to pull out
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    Cagliari transhipment hub future in doubt
    2019 / 06 / 18

Our Working Partners

Contact Us

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

01268 554335

ops@magnumlogstics.co.uk