94-31097. Notice of Order Adjusting International Cargo Rate Flexibility Level

[Federal Register Volume 59, Number 242 (Monday, December 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31097]


[[Page Unknown]]

[Federal Register: December 19, 1994]


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DEPARTMENT OF TRANSPORTATION

 

Notice of Order Adjusting International Cargo Rate Flexibility 
Level

    Policy Statement PS-109, implemented by Regulation ER-1322 of the 
Civil Aeronautics Board and adopted by the Department, established 
geographic zones of cargo pricing flexibility within which certain 
cargo rate tariffs filed by carriers would be subject to suspension 
only in extraordinary circumstances.
    The Standard Foreign Rate Level (SFRL) for a particular market is 
the rate in effect on April 1, 1982, adjusted for the cost experience 
of the carriers in the applicable ratemaking entity. The first 
adjustment was effective April 1, 1983. By Order 94-10-8, the 
Department established the currently effective SFRL adjustments.
    In establishing the SFRL for the two-month period beginning 
December 1, 1994, we have projected non-fuel costs based on the year 
ended September 30, 1994 data, and have determined fuel prices on the 
basis of the latest available experienced monthly fuel cost levels as 
reported to the Department.
    By Order 94-12-16 cargo rates may be adjusted by the following 
adjustment factors over the April 1, 1982 level:

Atlantic
1.1665
Western Hemisphere
1.1136
Pacific
1.3878

    For further information contact: Keith A. Shangraw (202) 366- 2439.

    By the Department of Transportation: December 13, 1994.
Patrick V. Murphy,
Acting Assistant Secretary for Aviation and International Affairs.
[FR Doc. 94-31097 Filed 12-16-94; 8:45 am]
BILLING CODE 4910-62-P