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Energy Issues and the Impacts on Freight Transportation - Jo Frigger. Global Economy Requires Global Transportation Cost of Transportation Increases with Cost of Fuel. Global Average Fuel Cost (Price per Gallon). USA Gasoline US$ 3.20 Diesel US$ 3.30 Europe
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Energy Issues and the Impacts on Freight Transportation - Jo Frigger
Global Economy Requires Global Transportation Cost of Transportation Increases with Cost of Fuel
Global Average Fuel Cost (Price per Gallon) USA Gasoline US$ 3.20 Diesel US$ 3.30 Europe Gasoline US$ 6.30 Diesel US$ 5.30 China Gasoline US$ 1.90 Diesel US$ 1.15 Chile Gasoline US$ 4.55 Diesel US$ 3.20
Jet Fuel (Price per Gallon) New York US$ 2.14 Singapore US$ 1.95 Anticipated Increase from 2005 to 2006 44% Anticipated Cost Increase for all Air Carriers Worldwide US$ 20 Billion
Air Cargo Fuel Surcharges 2005 January US$ 0.30 per Kg May US$ 0.40 per Kg 2006 January US$ 0.50 per Kg May US$ 0.60 per Kg 2005 2006
JFK / FRA – May 2005 Freight Rate US$ 0.45 per Kg (45.0 %) Fuel Surcharge US$ 0.40 per Kg (40.0 %) Security Surcharge US$ 0.15 per Kg (15.0 %) Total Cost US$ 1.00 per Kg (100 %) JFK / FRA – May 2006 Freight Rate US$ 0.45 per Kg (37.5 %) Fuel Surcharge US$ 0.60 per Kg (50.0 %) Security Surcharge US$ 0.15 per Kg (12.5 %) Total Cost US$ 1.20 per Kg (100 %) (20% increase from 2005) Average Air Freight Rate (1000 Kg)
HKG / LAX – May 2005 Freight Rate US$ 2.50 per Kg (82.0 %) Fuel Surcharge US$ 0.40 per Kg (13.0 %) Security Surcharge US$ 0.15 per Kg ( 5.0 %) Total Cost US$ 3.05 per Kg (100 %) HKG / LAX – May 2006 Freight Rate US$ 2.50 per Kg (77.0 %) Fuel Surcharge US$ 0.60 per Kg (18.0 %) Security Surcharge US$ 0.15 per Kg ( 5.0 %) Total Cost US$ 3.25 per Kg (100 %) (6.5% increase from 2005) Average Air Freight Rate (1000 Kg)
Antwerp – New York | Jan – Mar 2006 40’ Container US$ 1,200.00 (59.0 %) Bunker Surcharge US$ 846.00 (41.0 %) Total Cost US$ 2,046.00 (100 %) Antwerp – New York | Apr – Jun 2006 40’ Container US$ 1,200.00 (58.0 %) Bunker Surcharge US$ 872.00 (42.0 %) Total Cost US$ 2,072.00 (100 %) Average Ocean Freight Rate
Hong Kong – Long Beach | Jan – Mar 2006 40’ Container US$ 1,800.00 (75.0 %) Bunker Surcharge US$ 590.00 (25.0 %) Total US$ 2,300.00 (100 %) Hong Kong – Long Beach | Apr – Jun 2006 40’ Container US$ 2,250.00 (78.0 %) Bunker Surcharge US$ 635.00 (22.0 %) Total US$ 2,885.00 (100 %) Average Ocean Freight Rate
Conclusion • Transportation and Fossil Fuel • Conservation • Renewable Sources of Energy
Thank You for Your Attention - Questions?