Notice of new Fuel Surcharge mechanism
CargoLogicAir (P3) will be implementing a new Fuel Surcharge system for all North America (USA & Canada) export shipments effective 15th February 2018. The new Fuel Surcharge system is a mechanism to recover the increased operational cost of purchasing jet fuel due to ongoing market fluctuations.
The new Fuel Surcharge level will be linked to the Brent Crude Oil Price.
You may refer to the following source for monthly Brent Crude Oil Price average statistics: https://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm
The table below indicates applicable Fuel Surcharge relative to the price of Brent Crude Oil:
The Brent Crude Oil Price will be monitored and any subsequent Fuel Surcharge changes will be communicated with at least 14 days advanced notice. The Fuel Surcharge will be applied to actual weight and execution date of the MAWB.
Please be advised of the Fuel Surcharge for all North America (USA & Canada) export shipments, effective 15th February 2018:
Please contact us for further comments and to answer any questions you may have.