NWA Cargo (NWA) to Reduce Fuel Surcharges in Certain Markets
More News related to NWA
- UATP Offers Payment Option Challenging the High Cost of Other Credit Card Options
- Northwest Airlines (NWA) Secures New $500M Financing Facility
- Northwest Airlines Expands E-Boarding Passes to Its Detroit WorldGateway Hub
- Northwest Airlines Secures $500 Million of New Financing
- Northwest Airlines Announces 12th Year for Holiday Fare Sale
More News related to Corporate News
- The Hartford (HIG) Talks About Its Highly Rated CMBS Portfolio
- PepsiCo (PEP) to Invest $3 Billion in Mexico Operations
- Quicksilver Resources (KWK) Announces '09 Capital Budget
- Cosi, Inc. (COSI) Forms Special Committee to Review Strategic Alternatives
- Par Pharmaceutical (PRX) Halts Shipments of of Budesonide Inhalation Suspension
Effective October 20, 2008, NWA Cargo (NYSE: NWA) will reduce its fuel surcharges in certain markets in response to the recent decline in the price of jet fuel. Changes in fuel surcharges are subject to government approvals where required.
Surcharges for all domestic shipments will be reduced from $0.46 to $0.42 per pound.
Trans-Atlantic fuel surcharges for shipments from the U.S. to Europe, Africa and the Middle East will be reduced from $1.10 to $1.05 per kilogram.
Surcharges for shipments from the U.S. to Korea and Japan, as well as from Korea and Japan to the U.S., will also decrease to $1.05 per kilogram.
Westbound trans-Pacific surcharges from the U.S. to Shanghai (PVG), Guangzhou (CAN), and points beyond, will decrease from $0.40 to $0.35 per kilogram.
Surcharges on the longest routes in the NWA cargo network, including all other shipments between the U.S. and Asia, will decrease from $1.20 to $1.15 per kilogram.[SM]
Related Categories
Corporate NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
