Following successive weekly rises since the end of February, average global air cargo rates held steady in the second week of April – equaling their level in the equivalent week the previous year for the first time since mid-2022 – despite a drop in tonnages partly linked to Eid.
According to the latest weekly figures and analysis from WorldACD Market Data, total worldwide tonnages fell by -3% in week 15 (8-14 April), with particularly big week-on-week (WoW) declines from predominantly Muslim countries including Pakistan, Bangladesh and the UAE.
