Global tonnage and pricing continue to decline

Global airfreight volumes declined 4% week-on-week in early August with decreases from all origin regions, led by a 6% drop in the Middle East and South Asia. Pricing remained broadly stable, with global average rates declining slightly but staying 22% above year-ago levels, while disruptions like Typhoon Dolphin and regulatory changes such as the EU's de minimis exemption end impacted Asia-Pacific exports to Europe.

This Wire brief sits within Fusion42's coverage of Logistics Tech.