Fuel Surcharges dropping
Via AirCargo World:
Two major U.S. cargo carriers this week joined the ongoing industry trend in cutting the air fuel surcharges they apply to heavy freight supplied by forwarders, as FedEx Express said it will charge 55 cents per kilogram for fuel on international shipments, down from 60, and Northwest Airlines announced its second cut in a month and will now charge 50 cents.
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This week, Korean Air Cargo and Dutch-based Martinair both announced decreases in their fuel surcharges for air cargo. Each will drop the charge 5 cents to 50 cents per kilogram of actual weight. KAL’s new level goes into effect Oct. 30; Martinair’s will be effective Nov. 1. Last week, LAN Cargo and Cargolux announced equal levels to be effective Oct. 30.
Remember those good ol’ days when there was no fuel surcharge? Sigh…..
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