Average global air cargo rates have edged back upwards in the final full week before Lunar New Year, with average full-market worldwide prices gaining +4% in week 4 (20 to 26 January) to US$2.52 per kilo, around +11% higher than this time last year, according to the latest figures and analysis by WorldACD Market Data. Unsurprisingly, rates from Asia Pacific origins led the way with a week-on-week (WoW) increase of +6%, based on the more than 500,000 weekly transactions covered by WorldACD’s data.
