In the current booming international trade, air freight has become an important choice for many enterprises to transport goods due to its efficient and fast characteristics. For personnel engaged in air freight business and manufacturers with air freight demand, understanding the billing rules and cost structure of air freight cargo is crucial.
Air freight will first be divided into heavy cargo and light foam cargo. There is a conversion standard in the industry that 1 cubic meter (CBM) is equivalent to 167 kilograms. When billing, the actual weight of the goods will be compared with the volumetric weight, and the larger of the two values will be taken as the billing basis. It is worth mentioning that there is still a small secret in the operation of air transportation of light foam goods, but it is not detailed in the article. If the manufacturer is not familiar with it, they can figure out the tricks themselves.
Next, let's delve into the composition of air freight cost structure. In the field of air cargo transportation, many practitioners may want to know how the freight charges of airlines are calculated. Generally speaking, air freight prices consist of multiple components.
Firstly, there is the basic air freight cost, which is charged by the airline company. Fuel surcharge is also an important component, and its cost varies depending on the airport and destination. Taking Hong Kong as an example, the initial fuel surcharge is usually around HKD 4, previously it was HKD 3.6, and last year it reached a maximum of HKD 4.8. This price is adjusted by the airport, and the general price for flights to Asia is HKD 2. Hong Kong will also charge a fixed fee of HKD 1 per kilogram. In terms of airport operation fees, Hong Kong charges HKD 283 per ticket, which is used for related operations such as air cargo transportation. The terminal fee is HKD 1.72 per kilogram. After the goods are handed over to the customs broker, the broker is responsible for setting up pallets and ultimately delivering the goods to the airport for collection. In addition, there is a main air waybill fee of HKD 15 per bill of lading, which is the fee required for issuing the bill of lading as a property right certificate.
Hong Kong Airport has significant advantages in the field of air cargo transportation. Hong Kong is a super large free port, and its airport is one of the largest in the world. There are fewer restrictions here, with a wide range of routes and numerous cargo planes. Currently, 78 airlines have settled in, with over 100 flights per day. Under the premise of ensuring cabin space and service, Hong Kong Airport has become the first choice for many enterprises to carry out air cargo. However, its cost is usually about 2KD higher than in China.
For enterprises engaged in air freight and manufacturers with cargo air transportation needs, fully understanding the billing rules of air cargo and the cost structure of various airlines can help them make more informed decisions when choosing suitable transportation methods and airports, thereby reducing logistics costs and improving transportation efficiency.
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