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Hong Kong forwarders warn fuel surcharge hikes could destabilise logistics market

Industry leaders accuse airlines of imposing excessive cargo fuel surcharges following rising jet fuel prices linked to Middle East tensions.

The Logistic News by The Logistic News
March 16, 2026
in Air, Business, Logistic
Reading Time: 1 min read
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Hong Kong forwarders warn fuel surcharge hikes could destabilise logistics market
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Freight forwarders in Hong Kong have sharply criticised airlines for dramatically increasing cargo fuel surcharges, warning that the move could destabilise the region’s logistics sector.

The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) said some airlines have increased surcharges far beyond what is justified by fuel price movements.

According to the association, one major airline raised long-haul cargo fuel surcharges by more than four times, while short-haul routes experienced nearly fourfold increases.

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This compares with an estimated 30–40% rise in global crude oil prices.

HAFFA chairman Gary Lau described the increases as excessive.

“This reckless escalation is forcing an unbearable burden onto freight forwarders,” Lau said.

He warned that the additional costs could trigger a domino effect across supply chains.

Ultimately, the association argues, the extra charges will be passed on to consumers, potentially disrupting cargo flows and undermining Hong Kong’s competitiveness as a global logistics hub.

Forwarders are calling for greater transparency from airlines regarding how fuel surcharges are calculated.

HAFFA also urged regulators to reintroduce a government-controlled surcharge mechanism, which existed prior to the liberalisation of the system in January 2025.

The association said market deregulation risks creating pricing instability, market disorder and escalating logistics costs.

HAFFA has formally called on the government to investigate the recent surcharge increases and reconsider the liberalisation policy.

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