In September, air cargo rates and demand increased even more as a significant peak period approaches.

In the last week of September, global air cargo rates and tonnages increased, signaling a strong peak season ahead, as reported by WorldACD Market Data. After a slight contraction due to holidays in several countries, total global chargeable weight rose by 2% week-on-week, with tonnages about 10% higher than the same period last year. Notable increases came from the Asia Pacific and Central & South America, offsetting declines from Europe and North America. Average worldwide rates climbed to $2.61 per kilo, with spot rates up 4% to $2.86. However, disruptions in MESA and ongoing challenges in Bangladesh affected tonnages and rates significantly.