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FUEL COST MONITORING

Fuel prices can be highly changeable in a short timeframe and it is beyond our control so each month Bulk Lines monitors the changes in fuel prices and adjusts our Fuel Adjustment Factor (FAF) accordingly using the calculation below.

Fuel adjustment factor (FAF)

The Fuel Adjustment Factor or FAF is a surcharge added to your transport rates,

it changes monthly.

January 2021 FAF: 0.00%

FAF Rate Calculation = ( B - A ) / A * 100 * 22%

A = base rate of diesel fuel included in calculated schedule of rates.

B = end of month rate of diesel fuel (increase or decrease).

22% = Bulk Lines 2017 diesel cost basket component of total costs.

Note: There will be no FAF change where fuel has moved < or = 5cpl

For example:

FAF Rate Calculation = 0.99%

End of month prior diesel price = $ 1.2990

Original diesel price on the week of 02 December 2016 = $ 1.2433

Bulk Lines 2017 diesel cost basket component of total costs = 22%

This is based on the Diesel Main Port Price in dollars per litre weekly data published by the Ministry of Business, Innovation & Employment. To read more click the button below.

Head Office

Office: 07 543 1608

Admin: rnicholson@bulklines.co.nz

Dispatch: bopdispatch@bulklines.co.nz

Auckland

Office: 021 734 980

Dispatch: rmclean@bulklines.co.nz

Christchurch

Office: 027 246 8994

Dispatch: rsmith@bulklines.co.nz

Otorohanga

Office: 07 873 4114

Depot manager: ctelfer@bulklines.co.nz

Dispatch: nidispatch@bulklines.co.nz

Feilding

Office: 027 533 4976

Dispatch: ltipene@bulklines.co.nz

Nelson

Office: 027 481 7735

Dispatch: jravenscroft@bulklines.co.nz

New Plymouth

Office: 027 275 8822

Dispatch: msorensen@bulklines.co.nz

© 2020 Bulk Lines