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International Fuel Adjustment

International Fuel Adjustment Factor

DateFAF %
30 January 2012 15.25%
26 December 2011 15.88%
28 November 2011 15.18%
31 October 2011 14.86%
26 September 2011 14.90%
29 August 2011 15.01%
1 August 2011 14.77%
27 June 2011 14.83%
2 May 2011 15.72%
1 April 2011 14.99%

 

FAF is based on the rate that our international service provider Toll Priority charges us and is directly on forwarded.

International Fuel Adjustment Factor FAQ

What is a Fuel Adjustment Factor (FAF)?

The Fuel Adjustment Factor (FAF) is a charge that is applied to both Domestic and International Courier Services to off-set the current fuel volatility. The total price you pay for a courier product/service will comprise of two components – the base price and the fuel adjustment factor. Multiplying the base price by the fuel adjustment factor will give the total price.

This section of the website provides information about our FAF and the current FAF rate for international services. For more information about our FAF and the current FAF rate for domestic services please visit our Domestic Fuel Adjustment page.

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How much will the International FAF cost me?

The FAF percentage is applied by our International supply partner and is based on the aviation fuel prices. We pass this on directly to our customers with no additional charges.

By using this mechanism, we can:

  • Provide transparency for customers to see how it is calculated
  • Take into account any shifts in the price of fuel that impact significantly on the price of moving courier items
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How will this impact my business?

The rates for our Fuel Adjustment Factor will be adjusted according to the fluctuations of aviation fuel and updated as the percentage changes from our international supply partner.

Nationally and globally, the courier and transportation markets have seen massive increases in fuel prices. In the past, Post Haste Couriers has tried hard to absorb these costs, minimising the impact on our customers. Unfortunately prices have come to a level where we must follow other transport operators in implementing a "fuel surcharge" system.

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Will I be notified of each increase?

Our website will be updated regularly detailing the increase/decrease for that month. You can find this page in our Useful Information section.

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How does Emissions Trading Scheme impact FAF?

The New Zealand Emissions Trading Scheme (ETS) is part of the Government’s primary response to global climate change. Effective 1st July 2010 an additional tax will be applied to fuel, and passed on through the pump price.

For more information on the ETS visit:
www.climatechange.govt.nz/emissions-trading-scheme

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