Preliminary air cargo data for April shows a 6% year-on-year increase in worldwide tonnages, primarily driven by a 10% rise from Asia Pacific due to shifts in China-US trade regulations. Except for the Middle East & South Asia, all major regions experienced growth, with Central & South America seeing a 7% increase. April’s average rate remained stable at $2.43 per kilo, despite a 14% drop in rates from MESA. The upcoming end of de minimis exemptions for U.S. imports from China is anticipated to cause demand fluctuations and pricing volatility in the near future.
Source: https://www.stattimes.com/air-cargo/air-cargo-tonnages-up-6-in-april-on-asia-pacific-push-1355161