Air cargo rates rising faster
LONDON, December 20, 2020 Worldwide air cargo volume was 2% higher in the first half of December compared with the first half of November, showing a better MoM trend than the trend from October to November. Origin regions with the highest volume increase were Africa (+21%) and Central & South America (+8%). Load factors show a consistent, though small, increase since the beginning of November, according the WorldACD Market Data. Worldwide average yields/rates (per kg) reached a level of $3.32 in the second week of December, two cents above the November-average. Volatility, both in volumes and in rates, has been the order of the day for air cargo in many markets in 2020.
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