Tonnages up +12% in the first half of 2024 Global air cargo tonnages were up by +12% in the first half of 2024 compared with the equivalent period last year, according to preliminary figures and analysis from WorldACD Market Data,…
Global tonnages dip due to Eid al-Adha festival Worldwide average air cargo rates have continued to rise, despite a drop in tonnages to and from countries with predominantly Muslim populations linked to the Eid al-Adha annual festivals and holidays –…
Rates stay firm driven by Asia and Middle East Air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and Middle Eastern origins,…
Asia Pacific demand and rates soar above last year’s levels Air cargo demand and rates from Asia Pacific origins continue to soar well above last year’s levels, with spot rates from Vietnam to Europe, in particular, spiking even further in…
Rate surge continues throughout May from Middle East & South Asia Air cargo rates from Middle East & South Asia (MESA) continued to surge throughout May, with spot rates from MESA origins to Europe averaging more than twice their level…
Global rates stabilize above last year's levels Global air cargo rates have been gradually increasing since the beginning of March 2024, when they were still more than 10% below last year's levels. At the start of this month, average prices…
Rates and tonnages from Middle East and Asia remain high Air cargo tonnages and rates from key Middle East and Asian origin markets remain highly elevated, especially to Europe, as strong demand and disruptions to ocean freight services meet limited…
Asia Pacific tonnages partially rebound following Labour Day dip Air cargo demand from Asia Pacific origin points partially rebounded in week 19 from the dip in tonnages around Labour Day holidays and Japan’s Golden Week in the first few days…
Tonnages dip due to Labour Day holidays Worldwide air cargo tonnages dipped in the week commencing 29 April, chiefly due to Labour Day holidays and Japan’s Golden Week, while demand and rates remain highly elevated from Middle East & South…
Tonnage surge continues from Central & South America Air cargo tonnages from Central & South America (CSA) continued to surge in the final full week of April, as flower growers, retailers and their logistics providers ship in flowers ahead of…