News / Drewry sees air freight rates fall to second-lowest level in four years

It’s still a poor air freight market – in fact, terrible. According to Drewry’s East-West Air Freight Price Index, rates are at their second-lowest level since the index started in May 2012. It lost 1.3 points in May, falling to 79.1, with the average rate at $2.57/kg, all-in, ending two months of rate rises.

Sadly, Drewry doesn’t see a good short term outlook.

“Drewry expects airfreight pricing to remain under pressure through the northern hemisphere summer season, as more passenger aircraft are brought ...