KLM Cargo said it will raise its freight rates by an average of 8 to 10
percent in most markets worldwide beginning in September.
The airline expects strong demand in the fourth quarter on routes to the
Far East and the United States from Europe, and from the Far East to Europe.
Price increases will vary. For instance rates will rise 8 percent from
Europe to Tokyo and from Singapore to Europe. From Europe to Seoul, rates will increase 10
percent.
KLM’s across-the-board increases come after several major cargo
carriers, including Lufthansa Cargo, Northwest Airlines, Air France and
Cathay Pacific Airways, have announced similar increases in anticipation of a strong peak
shipping season.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now