Worldwide average rates are at an average of $2.69 per kilo, 16% below their level this time last year.
Global average air cargo rates are now 50 percent above their pre-Covid levels following the significant rebound in the last few months in demand and pricing, especially ex-China, according to the latest figures from WorldACD Market Data.
Preliminary figures for week 50 (December 11-17) indicate that global tonnages and average worldwide rates have been stable compared with the previous week after recovering more quickly than last year from the seasonal post-Thanksgiving dip last month based on the more than 400,000 weekly transactions covered by WorldACD’s data.
“Comparing weeks 49 and 50 this year with the preceding two weeks (2Wo2W), overall tonnages increased one percent and overall global average rates continued to rise, by two percent, with capacity up one percent.
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