Peak Fuel Surcharge

Dear Reader, Customer, Partner,

Unfortunately, we are once again compelled to address the issue of tariff increases.
The uncontrolled rise in diesel fuel prices at the pump is creating a particularly difficult situation to manage.

On the one hand, we are forced to accept increases from the carriers we work with daily—who in turn must refuel their vehicles at higher costs. On the other hand, we also understand how difficult it is to recover these additional expenses by passing them on to our customers, especially to those who planned their production months in advance, when this war was not at all foreseeable.

Unfortunately, this concerns our very survival and the continuity of the quality of our services. We therefore cannot afford not to recover these unexpected extra costs.

To address this issue, we have focused on implementing a mechanism that will protect us against both current and future sudden price hikes, while also taking into account a possible return to a more stable, pre-conflict situation.

The mechanism will be based on an official and transparent parameter: the diesel fuel price at the pump, as published on the websites of the Italian Ministry for Ecological Transition or the European Community Energy Observatory.

The starting parameter will be the average cost of ONE (1) liter of diesel during the week of January 18–24, 2022, when we last adjusted our tariffs based on the previous year’s data.
From this month onwards, a new item will be added to our current tariffs under the code PFS – Peak Fuel Surcharge, calculated as a percentage applied to traction charges.
For spot quotations, the fuel cost variation will already be included in the quote itself.

How will the PFS percentage be calculated?

The cost of diesel accounts for 30% of the total cost of transport. This means that the PFS will correspond to 28% of the variation compared to the previous week

Example:

– Date of transport: today, March 10, 2022
– Last available bulletin: March 8, 2022 – price €1.829,33/l
– Price on January 28, 2022: €1.667,29/l
– Difference: 1.829 ÷ 1.667 = 1.09
– Percentage increase in fuel cost: 11%
– 28% of 11 = 3.08 → the PFS on the freight charge will be 3.08% for the given week.

For further details or specific requests, we kindly invite you to contact us directly through our website or by phone.
Sincerely