News / Air cargo: onwards and upwards – through peak season and beyond

© Blitzkoenig

After a long, and at times dizzying, fall from the giddy peaks of the Covid era, it seems air freight rates may have finally bottomed-out – and are now rising into not just a genuine peak season bounce, but perhaps beyond that.

During last month, the overall Baltic Air Freight Index gained 11% over the four weeks to 2 October, cutting the decline over the past 12 months to 34.1%.

The upward trend was fairly broad-based across major lanes around the world, ...