2022 Fuel & Currency Surcharges;
Please note, with all the
Fuel Price adjustments, as much as we have tried ICExpress are no longer
able to fix this rate, the price of fuel is too volatile for this. The
Fuel Surcharge will now fluctuate when the price of Fuel increases /
decreases.
The Fuel Surcharge is calculated on Diesel only based
on current usage of fleet & linehaul vehicles. The Fuel Surcharge is
calculated at 0.33% for every R0.10 fluctuation in the wholesale price
of Diesel. The adjustment will be made to the nearest R0.10. The
fluctuation of the surcharge each month will depend on the government
announced, Energy and Mineral Affairs confirmed fuel prices, which are
effective from the first Wednesday of every month.
The use of the
surcharge also allow for a 0.33% reduction for every R0.10 decrease in
the price of Diesel, which is passed directly on to the client.