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Client Update

 Aviation Fuel Surcharge increases

(Toronto, May 7, 2004)… Effective May 10, the airlines will increase the Aviation Fuel Surcharge by about 30% or more.  On the Canada - Europe trade lane, the surcharge will be increased to CAD$0.26 per kg.  Other trade lanes will be subject to similar increases.

The Aviation Fuel Surcharge is adjusted on the basis of the logistics carrier's “Fuel Price Index”. The airlines say the increase is necessary because of the rising fuel price.

For more information, please call (905) 882-4880, Carlos Torres, Manager -Transportation Consulting Services.


 

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