Bangladesh and Japan air cargo rates soar

Soaring air cargo spot rates from Bangladesh and Japan and a surge in tonnages from Dubai have further boosted the air cargo market in the first half of September, according to the WorldACD Market Data. Worldwide air cargo tonnages flown increased by 4% in week 37 of the year (September 9-15), driven by 5% increase from Asia Pacific origins, a 6% increase from central & south America, and a rebound of 10% from North America origins. The latter was linked to labour day holidays on September 2, 2024. Average worldwide rates edged up slightly further to $2.58 per kilo, based