Drewry East-West Airfreight Price Index on the rise

At an average of US$3.15 per kg, Drewry’s East-West Airfreight Price Index reached its highest point of this year in October.
At 97.0, the index was up 5.1 points on the September figure. However, the index remains some way off the value of 99.7 it was at in October 2015.
A Drewry Sea & Air Shipper Insight statement predicts: “We expect to see prices strengthen further in November before easing off in December and early 2017.”
Drewry’s East-West Airfreight Price 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 21 major East-West routes for cargoes above 1,000 kg. It includes the base rate, fuel surcharge and security surcharge, but doesn’t include door delivery costs.
The index value of 100 was set in May 2012.
Click here or on the chart below for interactive dashboard

Share this story

Related Topics

Latest data news

Freight forwarders continue the hunt for market share

Freight forwarders are on the lookout to expand their customer base as market volumes dwindle. Niall van de Wouw, Xeneta’s…

Read More

Share this story

Reduced demand and returning belly capacity result in “double whammy” for airfreight rates

Soft demand and continued returning belly capacity combined to hit airfreight rates again in May, and pressure on rates is…

Read More

Share this story

Air cargo demand decline slows down in April

Air cargo demand in April continued to decline, albeit at a slower pace than the previous month, according to IATA’s…

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.