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 to remain well above the annual comparisons in January.”
Notes: This index is a weighted average of all-in airfreight "buy rates" paid by forwarders to airlines for standard deferred airport-to-airport airfreight services on 28 major East-West routes for cargoes above 1,000 kg.
Rates are expressed in $/kg and include three components: the base rate, the fuel surcharge and the security surcharge. They exclude door delivery costs.
Source: For more details, see Drewry Sea & Air Shipper Insight, www.drewry.co.uk

Share this story

Related Topics

Latest airfreight rates news

Airfreight rates remain firm in June

Airfreight rates on key trades out of Asia remained “firm” in June despite the market entering the quieter summer season….

Read More

Share this story

Forwarders and shippers brace for Q4 hike in air cargo rates

Airlines are looking ahead to air cargo’s fourth quarter peak season to decide how best to maximise returns from capacity…

Read More

Share this story

Ocean and airfreight rate differential narrows

The difference between ocean and airfreight rates has narrowed to its lowest level since the third quarter of 2022 as…

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.