March 1st 2011 will see our fuel surcharge rise for the second time this year to 6.5%. Where it will end, we don’t know. Trade journals would have us believe that by December 2011. Diesel will hit £1.56/8p per litre. Thats £7.00 a gallon. Januarys increases, have lifted the AA fuel surcharge monitor through two points, Meaning for the first time APC raised its surcharge 2 points at once. Several carriers have posted March rates at 6.5 to 7.5 % on Uk business.
Its difficult to believe that we now have record Diesel prices yet crude remains at 60% of the cost it was last time we hit these levels, Clearly speculation and tax is fuelling inflation the world over. Please ensure your accounts department is aware of the rise on the first of March.
For more information on the cost of fuel throughout Europe please visit the AA website :-