Fuel rises, rates fall – the contradictions shaping air cargo’s next move

Air freight rates are continuing to edge lower, despite renewed conflict in the Middle East, leaving the market caught between weakening demand on some trades, rising fuel costs, and a stream of carrier network changes.  The latest Freightos Air Index shows global rates easing to around $2.82 per kg, down from May’s peak of around $3.35/kg, but still well above levels seen at the start of the year Read full article →