Global air cargo tonnages, rates rise in Sep: WorldACD

According to the latest figures from WorldACD Market Data, global air cargo tonnages showed a positive development in the second full week of September after stabilizing at the beginning of the month. Average rates are also on an upward trend, breaking out of the bandwidth reported since mid-July – between $2.26 and $2.29 – per kilo, now reaching $2.31. Figures for week 37 (September 11-17) show a jump in tonnages of four percent compared with the previous week while average worldwide air cargo prices increased slightly (+1 percent) based on more than 400,000 weekly transactions covered by WorldACD’s data. “Comparing weeks 36 and 37 with the preceding two weeks (2Wo2W), overall tonnages increased by three percent versus their combined total in weeks 34 and 35 while worldwide rates went up by two percent at slightly higher capacity (+1 percent).