FAF for September 2019 is set at 13.8%

Fluctuations in diesel prices can have a major impact in the financial performance of any transport operation.

In order to keep the impact of a volatile fuel market to a minimum, the vast majority of transport companies implement a Fuel Adjustment Factor, or FAF.

We calculate FAF using the average diesel pump price recorded throughout the previous month and on the first of each new month, the corresponding FAF percentage is applied for that new month.

Below is a table outlining how we calculate the FAF surcharge. Note: this includes the recent Auckland fuel levy and the increase in RUC costs, the most recent taking effect 1st July 2019.

Diesel Pump Price FAF Percentage
$1.10 to $1.149 5.80%
$1.15 to $1.199 6.80%
$1.20 to $1.249 7.80%
$1.25 to $1.299 8.80%
$1.30 to $1.349 9.80%
$1.35 to $1.399 10.80%
$1.40 to $1.449 11.80%
$1.45 to $1.499 12.80%
$1.50 to $1.549 13.80%
$1.55 to $1.599 14.80%
$1.60 to $1.649 15.80%
$1.65 to $1.699 16.80%
$1.70 to $1.749 17.80%
$1.75 to $1.799 18.80%
$1.80 to $1.849 19.80%
$1.85 to $1.899 20.80%
$1.90 to $1.949 21.80%
$1.95 to $1.999 22.80%
$2.00 to $2.049 23.80%
$2.05 to $2.099 24.80%