Fuel Adjustment Factor Guide

Variable Fuel Charge (VFC)

PBT applies a VFC (Variable Fuel Charge) to all courier and transportation rates as set out in the table below. The VFC is based on the weekly fuel price monitoring data which is independently published by MBIE.

From April 2022 PBT will look back two weeks and use the average MBIE Diesel Main Port Price from the previous two weeks to establish PBT’s VFC % for the following fortnight. The VFC moves by 0.5% per 5 cent change in the MBIE Index, starting at 1.0% from an MBIE Index rate of $1.0500.

Road User Charges (RUC)

PBT applies a RUC (Road User Charge) to all courier and transport rates as set out in the table below. The RUC passes on the cost of RUC levies incurred by PBT , our Owner Drivers and contractors.

Temporary RUC Reduction 

From 2 May 2022 to 29 January 2023 our RUC% will be reduced by 1.25% to account for the Government's temporary reduction in Fuel Excise Duty. This reduction takes into account the administrative costs of applying this temporary change and the mix of fleet operated by PBT, our Owner Drivers, Contractors and Agents across our Transport and Courier services.

Fuel Adjustment Factor Rates

Invoice Period (2weeks Commencing)  MBIE Index VFC% RUC% Total FAF
8-August 2022 2.980 20.0% 3.84% 23.84%
22-August 2022 2.646 16.5% 3.84% 20.34%
5-September  2.530 15.5% 3.84% 19.34%
19-September 2.570 16.0% 3.84% 19.84%
3-October 2022 2.622 16.5% 3.84% 20.34%
17-October 2022 2.639 16.5% 3.84% 20.34%
31-October 2022 2.639 16.5% 3.84% 20.34%
14-November 2022 2.648 16.5% 3.84% 20.34%
28-November 2022 2.629 16.5% 3.84% 20.34%
12- December 2022 2.528 15.5% 3.84% 19.34%

Fuel Adjustment Factor Table

MBIE Index (Greater than) VFC %

RUC %

2 May -29 Jan 2023

Total FAF

2 May - 29 Jan 2023

$1.05 1.0% 3.84% 4.84%
$1.10 1.5% 3.84% 5.34%
$1.15 2.0% 3.84% 5.84%
$1.20 2.5% 3.84% 6.34%
$1.25 3.0% 3.84% 6.84%
$1.30 3.5% 3.84% 7.34%
$1.35 4.0% 3.84% 7.84%
$1.40 4.5% 3.84% 8.34%
$1.45 5.0% 3.84% 8.84%
$1.50 5.5% 3.84% 9.34%
$1.55 6.0% 3.84% 9.84%
$1.60 6.5% 3.84% 10.34%
$1.65 7.0% 3.84% 10.84%
$1.70 7.5% 3.84% 11.34%
$1.75 8.0% 3.84% 11.84%
$1.80 8.5% 3.84% 12.34%
$1.85 9.0% 3.84% 12.84%
$1.90 9.5% 3.84% 13.34%
$1.95 10.0% 3.84% 13.84%
$2.00 10.5% 3.84% 14.34%
$2.05 11.0% 3.84% 14.84%
$2.10 11.5% 3.84% 15.34%
$2.15 12.0% 3.84% 15.84%
$2.20 12.5% 3.84% 16.34%
$2.25 13.0% 3.84% 16.84%
$2.30 13.5% 3.84% 17.34%
$2.35 14.0% 3.84% 17.84%
$2.40 14.5% 3.84% 18.34%
$2.45 15.0% 3.84% 18.84%
$2.50 15.5% 3.84% 19.34%
$2.55 16.0% 3.84% 19.84%
$2.60 16.5% 3.84% 20.34%
$2.65 17.0% 3.84% 20.84%
$2.70 17.5% 3.84% 21.34%
$2.75 18.0% 3.84% 21.84%
$2.80 18.5% 3.84% 22.34%
$2.85 19.0% 3.84% 22.84%
$2.90 19.5% 3.84% 23.34%
$2.95 20.0% 3.84% 23.84%
$3.00 20.5% 3.84% 24.34%
$3.05 21.0% 3.84% 24.84%
$3.10 21.5% 3.84% 25.34%

VFC % moves by 0.5% per 5 cent change in the MBIE Index, starting from 1.0% at $1.05

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