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Air Freight. 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. Air Freight.
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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
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.
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.
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
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
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