Adjusting to Volatility in Fuel Markets
Fuel surcharge will be adjusted on a daily basis effective from March 8, 2022, due to market volatility
Surely you´ve noticed the dramatic increase in fuel prices due to the consequences of the current situation in Ukraine. As a logistics company, this affects us significantly. The consequences of this situation are also relevant for you—our partners—because the fuel surcharge is directly affected by the volatility of the diesel market. Therefore, we find it important to keep you informed about the changes in the process of adjusting the fuel surcharge moving forward, to keep the prices fair for you.
Market volatility will be monitored daily
Until now, the fuel surcharge was adjusted once a month. In the current situation though, this could result in a significant increase of the fuel surcharge month-on-month; therefore, we will now be monitoring the price levels of fuel daily (on this data source).
The fuel surcharge for every submitted parcel is going to reflect the current price level on the fuel market, and the surcharge will apply to the day when the parcel is first scanned on our depot (Scan A).
Quick summary for you:
- Packeta is not changing the prices of services. What is changing, is the frequency of fuel surcharge adjustment.
- Fuel surcharge will be adjusted daily based on the current situation in the diesel market.
- Fuel surcharge is applied locally, i.e., the prices on the Czech diesel market will be reflected in the fuel surcharge for parcels submitted in the Czech Republic and so on.