INSIGHTS ON AIR FREIGHT AND COST CALCULATIONS IN 2019
EVERYONE KNOWS THAT AIR SHIPMENTS ARE MUCH MORE EXPENSIVE THAN SHIPPING VIA SEA OR TRUCK, BUT SOMETIMES, URGENT CARGO REQUIRES A SHORTER TRANSIT TIME, LEAVING NO OTHER ALTERNATIVES THAN SHIPPING BY AIR. In those cases, it is useful to know how airlines build their transportation costs, to make an appropriate decision on what service to prefer and how costs are built up. Some of the most important cargo airlines in the world are: Cathay Pacific Cargo Korean Air Cargo Emirates SkyCargo Lufthansa Cargo Singapore Airlines Cargo China Airlines Cargo EVA Air Cargo Air France Cargo For air shipments, the cost is calculated by multiplying the rate (provided per kg/lbs) for the “chargeable weight”, which is calculated based on the weight or volume of goods. The volume/weight ratio is very simple to calculate: 167 kg is estimated for each cubic meter of space (formula: 1 CBM = 167 kg), but if the weight exceeds the chargeable weight, the actual weight will be applied for cost calculation.