WorldACD: Weekly Air Cargo Trends

Global tonnages increased in the third full week of August, following a similar pattern as last year, mainly driven by Europe rebounding from the holiday season, while rates remained stable, according to the latest figures from WorldACD Market Data. Figures for week 34 (21 to 27 August) show a +4% jump in tonnages compared with the previous week, while average worldwide air cargo prices remained stable, week-on-week (WoW), based on the more than 400,000 weekly transactions covered by WorldACD’s data. Comparing weeks 33 and 34 with the preceding two weeks (2Wo2W), overall tonnages dropped by -4% versus their combined total