• Explosion of smuggled lithium-ion airfreight sparks new ban
  • Africa’s Ethiopian Cargo has taken delivery of its first B737-800 freighter, with a payload capacity of more than 23 tons. Expansion into Miami on the back of exponential growth of cargo volumes
  • Really Interested to hear from those of you who will be attending the IATA World Cargo Symposium
  • Air freight decline continues as China imports slump

Core Air Routes (AGRs)

Airfreight Route (AR)
Description
PREVIOUS USD/KG
USD/KG
AGR 1
Average of Hong Kong (HKG) to Los Angeles (LAX) & Chicago (ORD) & New York (JFK)
3.73
3.31
AGR 2
Average of Hong Kong (HKG) to London (LHR) & Frankfurt (FRA) & Amsterdam (AMS)
2.77
2.51
AGR 3
Average of Hong Kong (HKG) to Singapore (SIN) & Bangkok (BKK) & Shanghai (PVG)
1.12
1.12
AGR 4
Average of Shanghai (PVG) to Amsterdam (AMS) & Frankfurt (FRA) & London (LHR)
2.9
2.7

Trade Lanes

TRADE LANE AGGREGATE
USD/KG
CHANGE
MTD
CHINA - EUR
2.69USD
-0.06 (-2.18%)
2.73
CHINA - USA
3.40USD
-0.02 (-0.585%)
3.41
BLENDED ROUTES
USD/KG
CHANGE %
MTD
PVG/EUR
2.80USD
-0.10 (-3.45%)
2.80
HKG/EUR
2.57USD
-0.02 (-0.772%)
2.57
PVG/US
3.46USD
-0.09 (-2.54%)
3.46
HKG/US
3.34USD
+0.05 (+1.52%)
3.34

The Forward Curve