News / An airfreight rate rise here and there won't add up to a peak

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Airfreight rates have fallen to their lowest level since the pandemic began, according to the latest figures from both Xeneta and Tac Index. And signs of a peak have all but vanished, according to Clive Data Services.

Xeneta noted that the global rate was $2.19/kg in August, with chargeable weight declining for the fourth consecutive month. Tac Index data shows major tradelanes all flatlined in the past week – with the exception of China-Europe, which fell 2.2% to $3.09/kg.

Global capacity in ...