Worldwide air cargo rates rose to a 2024 high in November of US$2.76 per kilo, despite a slight (-2%) drop in flown tonnages compared with October, although demand and pricing both remain significantly above their already elevated levels last November, according to the latest figures and analysis by WorldACD Market data.
The figures reflect worldwide air cargo markets that remain relatively strong, including ex-Asia Pacific, but where good advance planning by air cargo stakeholders looks set to avert a major peak season capacity crunch and very steep rate rises in the final weeks of the year.
