Business Services Industry
Aircargo rates could also be heading up. (Up Front).
Logistics Management (Highlands Ranch, Co.), August, 2002
Aircargo rates could also be heading up. The National Industrial Transportation League (NITL) reports that the International Air Transport Association has adopted a proposal that would change the way international aircargo shipments are dimensionalized. The proposal calls for changing the volume-to-weight relationship from 166 cubic inches per paid pound to 138 cubic inches per paid pound.
That would increase the density threshold for volumetric freight from 10.4 per cubic foot to 12.5 per cubic foot, raising overall rates by 16.7 percent, the league says. The rationale for the change: As shipment densities have dropped, airlines have received less revenue per flight. The proposal must win approval from the Department of Transportation in the United States and...
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