Fuel surcharges are based on the International Air Transport Association fuel index, but currently only airlines have access to the index and the basis on which it is calculated, the Brussels-based group said.
“Transparency in fuel and currency surcharges will benefit all links in the air cargo supply chain, carriers, shippers, consignees and forwarders alike, and promote a better common understanding of the air cargo product” said Poul Hansen, manager of FreightForward Europe.
In a separate development, the European forwarder group said that it would invite forwarding and logistics companies from outside the EU to join its organization.
The group will continue to focus on EU policies and industry questions concerning air, ocean and overland transport and logistics services.
The members of FreightForward Europe are ABX Logistics (from Belgium), Dachser and Schenker (from Germany), Geodis (From France), Kuehne & Nagel, Panalpina and Danzas (from Switzerland) and Geologistics (from U.S.-based, previously British).
The criteria for participating in the group are that companies must have their core business in freight forwarding and logistics, annual revenues of more than $1 billion and more that 5,000 employees.
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.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
Industry-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 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