Global air cargo tonnages in June fall flat: WorldACD

Global air cargo tonnages in June show a continuation of the flat trend we have seen since the beginning of the month, while average rates remain on a slightly sliding trend, According to WorldACD’s latest market summary. “Comparing the overall global market with this time last year, chargeable weight in weeks 24 and 25 was down 6% compared with the equivalent period last year, mainly driven by decreases in tonnages ex-North America (-17%), ex-Europe (-9%) and ex-Asia (-3%). Increases were recorded ex-Africa (+5%), ex-Central & South America (+3%) and ex-Middle East & South Asia (+3%). Capacity for the period, meanwhile, was up 11% compared with last year,” the data indicated.