There might be a time when you need to send something urgently and you need to choose air freight shipping services for the purpose. How do you decide on which freight shipping quote is the best? Generally, you would run a search on and off the internet. Once you have a comparative chart, you would settle for the rate that suits your needs the best. However, have you stopped to wonder who sets these prices and how?

The quote that you receive from a cargo airline or cargo agent is based upon the guidelines laid down by International Air Transport Association or IATA, as it is popularly known. The rates are decided and updated following debates and discussions held during meetings among IATA Regional Tariff Committees the world over.

Though the air freight rates are decided by IATA, their implementation and acceptance in each country depends upon the approval of the governments of each country. Even when these are not followed as recommended, the IATA decisions are used as guidelines in the respective countries.

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This entry was posted on Friday, June 13th, 2008 at 7:50 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.