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 – which this year took place between 16 and 20 June.
According to the latest weekly figures and analysis from WorldACD Market Data, total worldwide tonnages flown in the last full week (week 25, 17-23 June) dropped by -5%, but average rates rose slightly (+1%) to US$2.54 a kilo, up +10% compared with the equivalent week last year and significantly above pre-Covid levels (+43%) compared to June 2019.
