Global air cargo average rates fell at the end of June and early July, also due to decreasing fuel prices, according to the latest weekly figures from WorldACD Market Data. At the same time worldwide tonnages dropped, mainly due to the 4 July Independence Day holiday in the US, and also partly due to declining volumes from Hong Kong to Europe following the 1 July start of new EU ‘de minimis’ import rules.
For more details, please refer to the WorldACD weekly report (PDF).
