Hong Kong logistics sector slams ‘profiteering’ airlines for fuel surcharge jump

Hong Kong’s logistics sector has urged the government to intervene after major airlines said they would quadruple their cargo fuel surcharges from Friday, calling the adjustment unreasonable despite surging global oil prices. Gary Lau Ho-yin, chairman of the Hong Kong Association of Freight Forwarding and Logistics, said on Monday that the surcharge increases were far higher than the 30 to 40 per cent rise in international crude oil prices. “We expected major airlines to double their existing...


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