WorldACD notes a dip in global cargo tonnages during week 38

Global air cargo tonnages decreased by around 3% during week 38 – between the dates of September 16, and September 22, 2024) – in comparison to the previous week. World ACD market data shows that the decline was due to national holidays in China, South Korea and Chile. The global 3% drop in flown chargeable weight was primarily driven by a 6% decline – compared to the previous week – from the Asia Pacific region, which accounted for 73% of the total decrease. During the week, global average rates increased by 4% in Africa, Asia Pacific by 1%, and MESA