Drewry reports ongoing drop in airfreight rates

The latest Drewry East-West Airfreight Price Index has reported a fall in airfreight rates in August, compared with July and August 2018.

Drewry Sea & Air Shipper Insight noted: “Airfreight rates fell from $2.56 to $2.46 in August from July, and a drop of 4% from August 2018.”

But, more positively, it added: “According to historical trend of the past seven years, airfreight rates have risen between August and September, and if the pattern continues rates will increase in September 2019.”

Sea & Air Shipper Insight provides information and analysis for the ocean and airfreight markets, including airfreight rate benchmarks on 57 trade lanes.

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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.