In the week ending 8 June, transatlantic air cargo spot rates declined by high single digits compared with four weeks earlier. The fall reflects a seasonal uptick in passenger belly capacity outpacing volume, which has softened in the wake of the recent US tariff truce.
By contrast, spot rates into Europe from Asia and the Middle East edged up by 1% over the same period, buoyed chiefly by exports from China, where spot rates rose by 5%. Yet, the strength on the headhaul was offset by continued weakness on the backhaul, as trade imbalances dampened return flows.
Among major corridors, Europe to Latin America market posted the second-largest rate increase. The strongest gains, however, were recorded on the Europe–Africa routes, where spot rates rose in both directions.
