Air cargo costs rise due to market disruptions caused by the conflict in the Middle East.

Global air freight rates rose last week due to ongoing conflicts in the Middle East, with the Baltic Air Freight Index increasing by 5.1% and showing a 15.8% year-on-year gain. Key routes from China to Europe and the U.S. saw rates nearly 30% higher compared to last year. While routes from Southeast Asia reported strong gains, rates from North Asia remained stable or slightly lower. In Europe, rate trends varied; prices increased on transatlantic routes but declined to China and other countries. Overall, the market remains unsettled with high jet fuel prices and tight supply.