FUEL SURCHARGE POLICY
Fuel is the second largest expense within the Road Freight Industry, and as an experienced road user, you’d be aware of the instability in fuel pricing.
Given the constant and immediate fluctuations in the price of diesel, a fuel surcharge, which is reviewed monthly, is used to measure and stabilise the fuel cost.
Mid-way through the month prior, Region Peak will communicate what the Fuel Surcharge percentage will be for the following month.
The previous months average national pricing of diesel fuel, published by the Australian Institute of Petroleum pricing, forms the basis for the fuel surcharge calculation.