Air cargo rates remained strong during a traditionally quieter market period, bolstered by continuing demand and high spot rates from Asian and Middle Eastern origins, as per latest weekly figures and analysis from WorldACD Market Data. Combining the figures for the past two full weeks (weeks 23 and 24 this year) reveals a 1 per cent rise in both rates and tonnages compared with the previous two weeks. Both tonnages (up by 11 per cent) and rates (up by 8 per cent) are well above last year’s levels, thanks to higher demand from all the main worldwide origin regions, led by higher rates (up by 52 per cent) and tonnages (up by 13 per cent) from the Middle East and South Asia (MESA) origins, and higher rates (up by 17 per cent) and tonnages (up by 16 per cent) from Asia Pacific origins.
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