Global Air Cargo Spot Rates Rise 5% in Week 43

WorldACD Market Data recorded a 5% week-over-week increase in global air cargo spot rates for 19–25 October, bringing the average to $3.80 per kilogram. The reported figures also show a 2% weekly decline in global cargo tonnage.

Key details

• Worldwide full-market rates rose 3% week over week to $3.33 per kilogram.
• Asia Pacific-to-US spot rates climbed 7% to $7.43 per kilogram, while Asia Pacific-to-Europe rates increased 5% to $5.10 per kilogram.
• Global cargo capacity fell 1% week over week. Middle East and South Asia tonnage declined 6%.
• Asia Pacific-origin chargeable weight fell 16% year over year to the EU and rose 9% to the US.

Asia Pacific-to-US spot rates rose 7% week over week to $7.43 per kilogram.

Why it matters

The regional figures show different movements across major trade lanes: Asia Pacific-to-US spot rates rose, while chargeable weight from Asia Pacific to the EU fell year over year. For cargo operators and shippers, the figures offer a snapshot of pricing and shipment flows across those markets.

What happens next

The next weekly WorldACD update will show whether these rate movements continue across global and regional cargo markets. Which trade lane will you be watching?