According to Freightos data, international air cargo rates have decreased following the peak season.

Global air cargo rates have declined following the peak season, as indicated by the Freightos Air Index. Rates from China to North America fell by 16% to approximately $6.26 per kg, while those to North Europe dropped by 5% to $3.52 per kg. Transatlantic rates also decreased by 14% to $2.16 per kg. This post-peak adjustment reflects reduced demand after the year-end rush, with significant drops in South East Asia rates. However, IATA forecasts resilient long-term growth in air cargo, predicting an 11% increase in 2024 and steady growth through 2026, despite uncertainties about capacity and rate projections.