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.

Please note on the 31 January 2023, the temporary RUC reduction that was implemented by the NZ Govt will end. From 1 February 2023, RUC charges will revert to their previous levels.

Update to RUC Changes effective 1 July 2023

RUC rate returns to 5.09% from 1st July 2023 when the temporary Government RUC reduction ends.

Fuel Adjustment Factor Rates

Invoice Period (2weeks Commencing)  MBIE Index VFC% RUC% Total FAF
8-January 2024 2.168 12.0% 5.09% 17.09%
22-January 2024 2.159 12.0% 5.09% 17.09%
5-February 2024 2.159 12.0% 5.09% 17.09%
19-February 2024 2.191 12.0% 5.09% 17.09%
4-March 2024 2.256 13.0% 5.09% 18.09%
18-March 2024 2.279 13.0% 5.09% 18.09%
1 April 2024 2.279 13.0% 5.09% 18.09%
15 April 2024 2.293 13.0% 5.09% 18.09%
29- April 2024 2.299 13.0% 5.09% 18.09%
13- May 2024 2.289 13.0% 5.09% 18.09%
27- May 2024 2.259 13.0% 5.09% 18.09%
10-June 2024 2.169 12.0% 5.09% 17.09%

Fuel Adjustment Factor Table

MBIE Index (Greater than) VFC %

 

RUC %

 

 

Total FAF

 

$1.05 1.0% 5.09% 6.09%
$1.10 1.5% 5.09% 6.59%
$1.15 2.0% 5.09% 7.09%
$1.20 2.5% 5.09% 7.59%
$1.25 3.0% 5.09% 8.09%
$1.30 3.5% 5.09% 8.59%
$1.35 4.0% 5.09% 9.09%
$1.40 4.5% 5.09% 9.59%
$1.45 5.0% 5.09% 10.09%
$1.50 5.5% 5.09% 10.59%
$1.55 6.0% 5.09% 11.09%
$1.60 6.5% 5.09% 11.59%
$1.65 7.0% 5.09% 12.09%
$1.70 7.5% 5.09% 12.59%
$1.75 8.0% 5.09% 13.09%
$1.80 8.5% 5.09% 13.59%
$1.85 9.0% 5.09% 14.09%
$1.90 9.5% 5.09% 14.59%
$1.95 10.0% 5.09% 15.09%
$2.00 10.5% 5.09% 15.59%
$2.05 11.0% 5.09% 16.09%
$2.10 11.5% 5.09% 16.59%
$2.15 12.0% 5.09% 17.09%
$2.20 12.5% 5.09% 17.59%
$2.25 13.0% 5.09% 18.09%
$2.30 13.5% 5.09% 18.59%
$2.35 14.0% 5.09% 19.09%
$2.40 14.5% 5.09% 19.59%
$2.45 15.0% 5.09% 20.09%
$2.50 15.5% 5.09% 20.59%
$2.55 16.0% 5.09% 21.09%
$2.60 16.5% 5.09% 21.59%
$2.65 17.0% 5.09% 22.09%
$2.70 17.5% 5.09% 22.59%
$2.75 18.0% 5.09% 23.09%
$2.80 18.5% 5.09% 23.59%
$2.85 19.0% 5.09% 24.09%
$2.90 19.5% 5.09% 24.59%
$2.95 20.0% 5.09% 25.09%
$3.00 20.5% 5.09% 25.59%
$3.05 21.0% 5.09% 26.09%
$3.10 21.5% 5.09% 26.59%

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

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