'Run aground'
How not to allocate budget
© Komain Intarakamhaeng
By Alex Lennane
Australia has offered to help its exporters pay air freight costs in the face of “major air freight shortages” and soaring rates.
The International Freight Assistance Mechanism (IFAM), set up by the Australian government, has a network of 15 air freight providers and freight forwarders to help shippers deliver agricultural and fish exports and, crucially, the government will meet a portion of the cost, as well as help with bookings,
Eligible products include seafood, premium red meat, dairy and horticulture, including premium ...
Comment on this article
James Wang
April 24, 2020 at 1:39 amThis is a very unhealthy practise.
Prior to Covid19, airlines were paid less than 50cents a kilo to carry freight from Sydney to various Asian cities.
The revenue from carrying freight barely offset the cost of extra fuel needed to fly the freight, and the associate handling costs.
When will the industry Australia wake up ?
It costs a lot more to airfreight your products and pay for it if you want market your goods overseas
Airfreight cost cannot be subsidized by airlines anymore.