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%
Dec 21
1.457
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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[title] => Black Swan 350kg-payload cargo drone ready to fly
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[content] => First full-scale production model of Dronamics’ autonomous ‘flying cargo van’ to be demonstrated on 7 December, able to carry 350kg of freight up to 2,500km ‘at up to 80% lower cost than any aircraft’
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Black Swan 350kg-payload cargo drone ready to fly
2021 / 12 / 02
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[title] => UK supply chain faces disruption throughout 2022
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[content] => Industry experts told a UK parliamentary committee that some container ports have been working at levels described as 95% full. It’s not a crisis, said one witness, but it’s uncomfortable
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UK supply chain faces disruption throughout 2022
2021 / 12 / 02
Our Working Partners
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Magnum Logistics Limited,
01268 554335
ops@magnumlogstics.co.uk
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