Air cargo to Middle East spikes 100% from South Asia vs late-February baseline

Summary

Week-35 (24-30 August) data shows air-cargo spot rates into the Middle East remain far above late-February pre-conflict levels: up 100% from South Asia, 66% from Europe, 21% from Northeast Asia and 20% from Southeast Asia. The surge reflects rerouted volumes and risk premiums, while transpacific AI-driven demand keeps Northeast Asia-North America at USD 5.76/kg, up 2% month-on-month.