Air freight price index stabilised in June

East-West air freight rates stabilised in June, following the seasonal correction of May, as Drewry’s East-West Air Freight Price Index recovered 2.3 points in the month to 101.6 points.
The uptick in pricing only partly offset the decline experienced in May, but still left the index "considerably higher" than it was 12 months previously by a margin of 7.3 points.

Drewry still expects some weakening in overall pricing over the coming months, as more seasonal bellyhold capacity from rising passenger demand comes into the market.

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