Drewry: east-west airfreight rates on the up

Drewry’s east-west airfreight price index for September 2018 stood at 95.4, an increase compared to August (when it reached 87.6) as well as a year-on-year climb (from 88.5).
The average rate expressed in US dollars/kg rose by 9% from the previous month, gaining 24 cents to reach $2.81 per kg in September.
Based on anecdotal reports and the seasonal trend, the freight rate market intelligence provider expects rates to increase in October.

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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.