Air freight volumes flat after recent declines, while rates lift on Asia-origin

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Air freight volumes finally stabilised in August, according to the latest IATA data. It’s not that impressive, with a rise of just 0.2% after two months of declines. Total volumes for the year are down 2%.

The news is backed by Drewry’s East-West Air Freight Price Index, which recovered 3.7 points in August following a 2-point recovery in July. According to Drewry, rates lifted on Asia-origin trades into both North American and Europe, although Transatlantic struggled with “notable” declines on both ...