Global air freight rates have climbed to their highest level this year, despite a slowdown in demand, as surging jet fuel prices replace capacity shortages as the primary driver of pricing. Data from WorldACD show that worldwide cargo volumes were flat in week 13 (23–29 March), with overall ton...

Global air cargo rates are rising sharply as conflict in the Middle East continues to disrupt capacity, flight routes and fuel supplies, according to the latest market data. Figures from WorldACD Market Data show average worldwide air freight rates increased by 10% week-on-week in the period from...

Air cargo rates worldwide saw a steady rebound in the third week of March, with spot prices rising by 5% to an average of $2.69 per kilo, according to WorldACD Market Data. This marks a continued recovery following the Lunar New Year (LNY) slowdown, bringing global rates back to levels seen in mid-...

Global air cargo flown tonnages continue to remain stable in the last two weeks compared to the preceding two weeks, while the previously reported softening trend of the worldwide average rates seems to have halted last week, the latest figures from WorldACD Market Data show. Looking at week 31 (...

Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-Covid level as a local lockdown in Vietnam and the closure of cargo handling terminals at Shanghai Pudong International Airport after a handful of ...