Date: 27/09/2023

Global air cargo tonnages showing improvement
Global air cargo tonnages showed a positive development in the second full week of September, after stabilising at the beginning of the month, with average rates also on an upward trend, breaking out of the bandwidth that it reported since mid-July – between $2.26 and $2.29 per kilo, now reaching $2.31, according to the latest figures from WorldACD Market Data.
Figures for week 37 (11 to 17 September) show a jump in tonnages of +4%, compared with the previous week, while average worldwide air cargo prices increased slightly (+1%), based on the more than 400,000 weekly transactions covered by WorldACD’s data.
Comparing weeks 36 and 37 with the preceding two weeks (2Wo2W), overall tonnages increased by +3% versus their combined total in weeks 34 and 35, while worldwide rates went up by +2% at slightly higher capacity (+1%).