News / Carriers on a high as air freight rates climb again – a rare March increase

Drewry East-West Airfreight Price Index March 2017

The numbers have risen again: air freight rates enjoyed a 4% month-on-month rise in March, to $2.84 – an increase rarely seen at that time of the year.

As Drewry released its latest East-West Airfreight Price Index, forwarders, shippers and airlines all support the evidence that volumes have been reasonably good so far this year – although one forwarder told The Loadstar that last week had seen some overcapacity out of China to Europe, which could result in weaker rates.

But, at 8% higher than ...