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Air cargo spot rates pick up momentum - India Seatrade News
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Air cargo spot rates pick up momentum - India Seatrade News
Worldwide average spot rates surged in the last full week of October despite a steep drop in tonnages from India due to Diwali festival holidays, as rates from Asia Pacific origins build ahead of Thanksgiving, Black Friday, and Christmas. According to the latest weekly figures from WorldACD Market Data, global spot prices in week 43 (20 to 26 October) jumped by an average of +4%, week on week (WoW), a similar pattern seen in week 43 last year – …
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