Fuel surcharges

New zealand

Due to continuing fuel price fluctuations, TNT applies an index-based variable fuel component to all shipments. This approach provides our customers with a transparent charging mechanism for fuel costs, where the variable fuel component rises or falls in line with movements in the fuel price.

International variable fuel component

Effective International Fuel for International shipments:

 

From 29 October 2017 - 2 December 2017: 0.00%
From 3 December 2017 - 30 December 2017: 0.25%

 

The index-based variable fuel component for New Zealand is based on the Dubai Fateh Crude Oil spot price. It will be subject to monthly adjustments based on a rounded average of the spot price for a barrel of Crude oil, as published by the World Bank. To download the latest price table from their website, click here. Crude oil is the base product to produce jet fuel and truck diesel and is a fair index base for both air and road transport.

 

Domestic variable fuel component

Effective Domestic Fuel for Domestic shipments

 

From 29 October 2017 -2 December 2017: 1.30%
From 3 December 2017 - 30 December 2017: 1.60%

 

Our domestic index-linked variable fuel component is based on the average New Zealand weekly diesel price. We use the weekly average diesel price figure to calculate the average diesel price for each calendar month. An index based locally for local deliveries links the variable fuel component to the prevailing domestic market price for diesel which in turn influences fluctuations in our actual fuel costs.

 

For Domestic shipments the weekly average diesel price is published in NZ$ per litre by the Ministry of Economic Development. Details can be found here.

 

TNT reserves the right to change the variable fuel component index and table without notice.  Both the amount and duration of the variable fuel component will be determined at TNT's sole discretion.

 

Please check this website regularly for any updates.