Global air cargo rates decline 4%, China rates down to Europe, US The index of outbound routes from Frankfurt plunged -15% after some big recent gains, though still ahead by +9.2% YoY.

Global air freight rates fell last week, according to the latest data from TAC Index.

#TACIndex #China #Europe #US #Frankfurt #AirCargo #Globalairfreightrates #aircargorates

July 2024 marks sixth consecutive month of air cargo rate increase Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year.

Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year.

#xeneta #XenetaAnalysis #AirCargoRates #CargoDemand #SupplyChain #AirFreight #RateIncrease #Shipping

www.stattimes.com/air-cargo/ju...