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.

Share this story

Related Topics

Latest airfreight rates news

Putzger perspective: Pricing smoke and mirrors

Parcel shippers were hit with peak season surcharges but carriers’ pricing gambles didn’t pay off. Digitalisation has made some headway…

Read More

Share this story

Weaker than expected peak sees lower increase in Hong Kong airfreight rates

Airfreight rates on major trades out of Hong Kong picked up in November for the peak season, although the rate…

Read More

Share this story

Transatlantic air cargo rates increase as passenger airlines reduce services

While rates out of Asia have been flatter than expected in recent weeks, prices on the transatlantic trade lane have…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.