FIATA welcomes all-in freight rates

FIATA has joined the air cargo industry chorus calling for the elimination of fuel and security surcharges in airline freight rates.
The International Federation of Freight Forwarders Associations said: “The simplification of rate structures will be a significant benefit to forwarders and shippers alike.
"Forwarders have for a very long time desired these surcharges be removed as they are opaque and complex and thereby making it difficult to quote a definite price for air cargo transportation, which the shippers are able to understand.
“The fuel surcharge has come under significant criticism in recent months as fuel prices continue to fall.”
Rodolfo Sagel, FIATA’s airfreight institute chairman believes this is a “long-awaited move” in the right direction that may be supportive of transparency.
He said: “Transparency in the entire supply chain is generally applauded by FIATA, its members and by the International Freight Forwarders client. FIATA believes that this may be the precursor to many other airlines”
Did you find this article of interest, if so why not register for a FREE digital subscription to Air Cargo News? – Find out more

Share this story

Related Topics

Latest airfreight rates news

IATA: Airlines to return to profit next year but cargo under pressure

By Damian Brett

Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the…

Read More

Share this story

Air cargo rates continue to decline in November

By Damian Brett

Air cargo pricing on some of the world’s major trade lanes continued to decline in November, bucking usual seasonal trends….

Read More

Share this story

Rates continue to soften

A muted peak season has seen air cargo rates continue to soften in the fourth quarter, crossing below 2020 peak…

Read More

Share this story