Presentation on theme: "Tilde Publishing and Distribution ISBN: 978-0-7346-0817-8 Import/Export Mapping International Trade for Australian Business Air Freight."— Presentation transcript:
Tilde Publishing and Distribution ISBN: 978-0-7346-0817-8 Import/Export Mapping International Trade for Australian Business 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