China-Europe air cargo posts first weekly gain since June; rates recover to $4.14/kg

Summary

Combined China and Hong Kong-Europe chargeable weight rose 1% week-on-week in week 34 (17-23 August), the first recovery since June, though mainland volumes stayed 8% below a year earlier. Mainland-Europe spot rates climbed for a third straight week to USD 4.14 per kg, still about 24% below the mid-June peak of USD 5.43 per kg as the EU de-minimis removal weighs on e-commerce.