Sustainable Fuel Options: The Power of HVO: Our Plan
Sustainable Fuel Options: The Power of HVO: Our Plan
We are proud to include Hydrotreated Vegetable Oil (HVO) across our fleet which includes our HGV and Linehaul in a 70:30 ratio, this ratio will increase year on year per our CarbonLITE plan until we get to 90% Co2 reduction (90% is the maximum Co2 reduction that HVO can offer). HVO is a renewable, sustainable, and high-performance fuel derived from vegetable oils and fats. Compared to traditional fossil fuels, HVO significantly reduces greenhouse gas emissions, particulate matter, and other harmful pollutants.
Our Standard Fuel Supplement applies to all transportation services provided by Courier Logistics. Simply, it is based on the average White Diesel price, as quoted by the Business, Energy & Industrial Strategy Report, along with the price of HVO, which currently tracks at White Diesel + £0.18ppl.
Our 2025 adoption of HVO is on a 70:30 ratio and thus our Fuel Supplement Mechanism is based on a weighted average between these two fuel types. The table below shows both price bands, along with the fuel mix average that will be used to establish the applicable fuel supplement banding:
Our escalator moves at .25% per 1p fuel movement with a minimum of 10%. Corresponding fuel price will be subject to a 1-week delay due to time of publish and invoicing routine timings.