22% YoY rise in airfreight spot rates – WorldACD

The airfreight spot rates for the week ending on 12^th January 2025, stood at US$ 2.76 per kg, which was 22 per cent ahead from the corresponding period in 2024. Despite the seasonal dip during the Christmas period, the airfreight pricing remained stable in early part of January, mainly due to demand in Asia Pacific and the Middle East/South Asia (MESA) regions. The report from WorldACD suggested that the demand in Asia Pacific and USA remained surprisingly firm despite the seasonal slowdown. The average spot rates decline by 5 per cent (in comparison to the week ending on 5^th January) but eventually it remained 27 per cent ahead from the corresponding period in 2024. “Asia Pacific to Europe spot rates have, correspondingly, declined from their levels of more than $5 per kilo in mid-December, dipping to around $4.30 in week 52 and week one, but they surged to $4.59 (by week ending on 12^th January 2025),” the WorldACD report stated.