25 June 2009 - #13
Airfreight Fuel Surcharges
Airfreight Fuel Surcharges
As reported by IATA's Jet Fuel Price Monitor, the price of jet fuel increased during the months of March, April, May and continued into the first 2 weeks of June. By mid-June the price of jet fuel had increased approximately 57% since the low price levels seen in the beginning of March. As a result, airfreight fuel surcharge costs have increased. Expeditors will adjust its airfreight fuel surcharges from the below regions to the following levels effective Monday, June 29, 2009.
From Europe/Africa:
- to North America: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Europe/Africa: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Middle East/Indian Sub-continent: EUR 0.50/kg or USD 0.50/kg (or the local currency equivalent of the prevailing country)
- to Asia: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Latin America: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to South Pacific: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
From Middle East / Indian Sub-continent:
- to North America: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Europe/Africa: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Middle East/Indian Sub-continent: EUR 0.35/kg or USD 0.35/kg (or the local currency equivalent of the prevailing country)
- to Asia: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Latin America: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to South Pacific: EUR 0.55/kg or USD 0.55/kg (or the local currency equivalent of the prevailing country)
From North America:
- to Europe/Africa: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Middle East/Indian: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Asia: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Latin America South Cone region: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Latin America Andean, Central America and Caribbean region: remains unchanged at USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to South Pacific: USD 0.59/kg (or the local currency equivalent of the prevailing country)
- intra North America: USD 0.55/kg (or the local currency equivalent of the prevailing country)
From Latin America:
- to Europe/Africa: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Middle East/Indian sub-continent: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to Asia: USD 0.55/kg (or the local currency equivalent of the prevailing country)
- to North America: remains unchanged at USD 0.50/kg (or the local currency equivalent of the prevailing country)
- intra Latin America: remains unchanged at USD 0.35/kg (or the local currency equivalent of the prevailing country)
- to South Pacific: USD 0.55/kg (or the local currency equivalent of the prevailing country)
From Asian origins, Expeditors provides information on the fuel surcharge levels for exports through a country specific fuel surcharge matrix updated on a weekly basis. There are and have been recent adjustments to airfreight fuel surcharges on shipments from Asia. The changes can be viewed in the weekly matrix. Expeditors' customers can obtain a copy of the fuel surcharge matrix by contacting their local Expeditors office.
Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of Washington, Inc. accepts no liability or responsibility.
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