Worldwide air cargo average spot rates have continued to rise in the first full week of November, driven by significant week-on-week (WoW) increases from Asia-Pacific and other origin regions, in an ongoing peak-season strengthening of the market.
According to the latest weekly figures and analysis from WorldACD Market Data, average global spot rates recorded a further +5% WoW rise in week 45 (4 to 10 November), taking them +24% above their equivalent levels this time last year.
