July global air cargo rates rise despite small decrease in tonnage
Geopolitical disruptions, port congestion aid strong air cargo demand
Average global air cargo rates increased 2% in the third week of July to $2.56 per kilogram compared with the previous week despite declines in tonnage, which may indicate a brief slowdown in demand ahead of peak season. Air cargo rates increased 14% year over year compared with the corresponding week in 2023, according to digital […]
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