#air-cargo-rates
(5 articles)Middle East Conflict Drives Airfreight Rates 36% Higher
Air cargo rates experienced a significant 36% year-on-year increase in May 2024, driven by escalating geopolitical tensions in the Middle East that have disrupted established air freight corridors and
Air Cargo Spot Rates Surge 30% in April Amid Supply Crunch
Air cargo spot rates experienced a dramatic 30% spike in April, marking a significant shift in the cost structure for expedited international shipments. According to Xeneta's analysis, this surge stem
South Korea Backs Exporters With Freight Rate Discounts
South Korea's government and the International Trade Association are implementing a coordinated freight rate discount program targeting local exporters facing unprecedented cost pressures. Ocean freig
Air Cargo Rates Stabilize as Capacity Returns, Fuel Squeeze Persists
Global air cargo markets are entering a stabilization phase after weeks of volatile rate increases tied to Middle East geopolitical tensions. WorldACD data shows spot rates rose only 1% week-on-week i
Air Cargo Rates Remain Elevated Despite Weak Demand
The air cargo market remains paradoxically constrained despite weakening demand, with airlines maintaining elevated pricing by strategically repositioning freighter capacity toward higher-yield routes