All Airfreight Rates Articles – Page 13
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News
East-West airfreight price index down 9 cents in December
“Drewry’s East-West Airfreight Price Index edged down to $3.06 per kg in December 2017, a drop of 9 cents from the previous month, in keeping with seasonality.On an annual basis airfreight rates in the month were 8% above December 2016 and given anecdotal reports of tighter capacity, Drewry expects prices ...
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NewsAirfreight rates end the year on a high
Airfreight rates ended the year on a high, but indications are that pricing slowed towards the end of the year in line with the Christmas slowdown.The latest airfreight rates from TAC Index show that rates on services from Hong Kong to North America and Hong Kong to Europe increased in ...
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Airfreight rates in dramatic peak season rise, states Freightos
Against a background of IATA’s estimated 9.3% growth in world cargo volumes for 2017, airfreight rates have been dramatically up this peak season, reports online platform Freightos.Freightos stated: "While some rates have eased recently, others are heating up. Most US airlines canceled 7-10 scheduled flights coming in from China between ...
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Ocean rate platform Xeneta targets air cargo
Ocean freight platform Xeneta is moving into air cargo with a rates benchmarking service, planning a full launch in the 2018 second quarter.The Norwegian data company has announced its intention to bring “fresh levels of transparency to the volatile airfreight market”.Xeneta for airfreight will soon be available to selected beta ...
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NewsAirfreight rates continue to rise as sector faces capacity crunch
Airfreight rate growth continued on an upward trajectory in November with hopes the strong performance could continue in December as forwarders continue to report a tightening of air cargo space.The latest figures from TAC Index show that in November average rates on services from Hong Kong to North America increased ...
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News
Drewry airfreight index sees 21 cent surge in October
Drewry’s East-West Airfreight Price Index of 28 major routes gained another 20 cents in October to reach a year-high $2.89 per kilo.This followed a 12 cents jump to $2.68 per kilo in September.The index is now only 10 cents below the high of $2.99 reached in November 2016, after which ...
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News
DHL offers online airfreight quotes
Deutsche Post’s DHL Global Forwarding arm has introduced an online quotation and booking service for international airfreight, based on door-to-door all-in rates and transit information.It connects to the DHL Interactive customer portal, where it also provides shipment tracking and customised shipment reports.The service is available in over 40 countries — ...
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News
Seasonal hike sees ¢12 jump for Drewry airfreight price index
Drewry’s East-West Airfreight Price Index of 28 major routes jumped 12 cents to $2.68 per kilo in September.The airfreight and shipping analyst said: “This seasonal hike to the index was expected and brings it to parity with September 2016.”September 2016’s index was $2.69, after which it surge to $2.99 in ...
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NewsTransatlantic rates on the up while Asia lanes continue to improve
Airfreight prices on the transatlantic trade lane returned to growth in August, while major Asian trades continued to report improvements.The latest figures from TAC Index show that average prices on services from Frankfurt to North America increased by 11.1% year on year in August to reach $2.31 per kg.The improvement ...
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Airfreight prices jump in July, but rate of improvement narrows
Airfreight rates climbed again in July as volumes continue to soar and forwarders anticipate a strong peak season, but the rate of growth has narrowed.The latest Sea and Air Shipper Insight report from consultant Drewry shows that the average all-in buy rate across 28 major east-west lanes reached $2.64 per ...
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NewsAsian airfreight rates on the up, but transatlantic feels the squeeze
Airfreight rates on services from Asia continued to track ahead of last year’s levels in July, while some weakness was noticed on the transatlantic.The latest figures from TacIndex show that airfreight rates on services from Hong Kong to the US increased by 33% year on year in July to reach ...
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News
June cargo figures a pleasant surprise, says WorldACD
The air cargo market continued to surprise in June, says WorldACD, with a continuation of the volume growth seen for well over half a year, while US Dollar yields have halted their 2015-2016 free fall.The analyst said: “This [growth] trend did not show the slightest tendency of tapering off in ...
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Dynamic airfreight pricing, what it means for shippers and forwarders
Posted airfreight rates with promotions change about once a month, on average. When airlines make the shift to dynamic pricing, rates change constantly, driven by excess capacity and diminishing time before departure, writes Manel Galindo* of Freightos.Once the majority of airlines make this shift to dynamic pricing, our industry will ...
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Shippers warned to book now or face rate spikes and delays in busy peak for air cargo
Panalpina has warned shippers to book their airfreight shipments as early as possible to avoid a spike in prices and capacity shortages during what is expected to be a busy peak period.The Switzerland-based freight forwarder said that the summer period is traditionally a calmer period, but this year has been ...
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Airfreight prices climb in June but growth rate narrows
Global average airfreight rates continued to track ahead of last year’s levels in June, but the rate of improvement has slowed compared with a month ago.The latest Sea and Air Shipper Insight report from Drewry shows that average all-in buy rates across 21 major east-west trade lanes increased by 1.1% ...
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NewsRates out of Asia surge in June
Airfreight rates on major routes out of Asia continued to climb in June as demand to and from the region surges.The latest statistics from Tac Index show that average airfreight prices from Hong Kong to the US reached $3.27 per kg in June, an increase of 38.6% compared with the ...
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News
Forwarders to face margin challenge after year of volume growth
The global freight forwarding market is estimated to have grown by 2.7% last year, but revenues were down and margin pressure is expected to intensify over the next five years.Analyst Transport Intelligence’s (Ti) Global Freight Forwarding 2017 report found that the global forwarding market is estimated to have grown by ...
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Airfreight rates continue to climb in May
Airfreight rates continued to track ahead of last year’s levels in May, although there was a decline compared with April levels.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average all-in airfreight buy rate across 21 major east-west routes increased by 5.3% year on ...
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Rates continued to track ahead of a year ago in May
Airfreight rates on key trade lanes continued to track ahead of last year’s levels in May, according to the latest figures from TacIndex.Numbers from the data provider show that on services between Hong Kong and the US, the average airfreight rate paid to carriers increased 38% year on year to ...
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Airfreight rates climb in March
Global average airfreight rates increased in March against a year ago as aircraft cargo utilisation has improved.The latest figures from Drewry's Sea and Air Shipper Insight report show that average ‘all-in’ airfreight rates across 21 major east-west trade lanes increased by 7.9% year on year in March to reach $2.84 ...