tilde publishing and distribution isbn: 978-0-7346-0817-8 import/export mapping international trade...
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Tilde Publishing and DistributionISBN: 978-0-7346-0817-8
Import/ExportMapping International Trade for
Australian Business
Air Freight
![Page 2: Tilde Publishing and Distribution ISBN: 978-0-7346-0817-8 Import/Export Mapping International Trade for Australian Business Air Freight](https://reader036.vdocuments.net/reader036/viewer/2022082413/56649d885503460f94a6d3fa/html5/thumbnails/2.jpg)
Air Freight
• Air freight is often used for high value, low volume cargo.
• The benefits of air freight include:– Faster delivery– Better security– Less packaging– Lower insurance premiums– More frequent services– Shorter collection time
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Air Freight
• The unit load device (ULD) is the air freight equivalent of the sea freight ISO standard container
• ULDs are made of lightweight materials and shaped to fit the contours of particular aircraft.
• Not all air freight cargo is containerised• ULDs are identified by their unique ULD
number.
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Air Freight
• Air freight rates vary according to a number of different factors that could include:– the type and level of service required, e.g. consolidation,
direct;– the intended origin and destination;– the nature of the cargo, e.g. general cargo, perishables,
dangerous goods, bullion;– the weight and volume of the cargo;– the anticipated future volumes; – whether the freight charge will be prepaid at the origin or
collected at the destination.
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Air Freight
• The two broad categories of air freight service types are:– Consolidation– Non-consolidation (FAK)
• The freight adjustments most commonly used for air freight include:– Fuel surcharge– War risk/security surcharge– Charges associated with services rendered at the
origin and destination ports
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Air Freight
• Air freight charges are based on either the weight or volume of the consignment, depending on which of the two is the greater.
• The comparative formula used to determine whether the weight or volume is greater is:– 1 kg = 6,000 cubic centimetres
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Air Freight• The main transport document used for air freight is known as
an air waybill (AWB).• The function of the air waybill is:
– to serve as evidence of the receipt of the goods by the carrier or agent– as the evidence of the contract of carriage
• The master air waybill (MAWB) is issued by the carrier and serves as evidence of receipt of the goods from the agent (forwarder) and a contract of carriage between the carrier and the agent.
• The house air waybill (HAWB), is the transport document provided by the agent (forwarder) and acts as evidence of receipt of the goods from the shipper and a contract of carriage between the freight forwarder and the shipper