Despite the usual drop in global air cargo spot rate prices in January, an analysis of market data conducted by World ACD shows that they are 20% up compared to the second week of last year. Although average global spot rates decreased by 3% to USD 2.76/kg compared to week one of January, they still remain 22% higher on a year-on-year basis.

In comparison with week one, average Asia-Pacific spot rates decreased by 5%, which is 27% higher than in week two of 2024. In the final two weeks of last year, Asia-Pacific to USA demand and spot pricing stayed firm. At the end of the year the average price for the Asia-Pacific region to the USA was USD 6.41/kg.

In week one, Asia-Pacific to the USA tonnages fell by 24% week-on-week, but then increased by 14% in the second week. Furthermore, spot rates continued to decrease, as did those from China to the USA. Compared to last year these rates remain 37% respectively 10% higher. (js)

www.worldacd.com