Global air cargo rates fall for a third week as Asia-Europe lanes cool

Summary

WorldACD Market Data reported global air cargo tonnages down 4% week on week in week 28 of 2026 (6-12 July), led by a 7% drop from Asia Pacific origins as typhoon Bavi curtailed capacity from Taiwan and China. Average worldwide rates fell 3% to $3.03 per kilo, a third consecutive weekly decline though still 24% above a year earlier, while global spot rates slipped 3% to $3.47 per kilo. Asia Pacific to Europe spot rates dropped 5% to $4.82 per kilo, led by a 9% fall from China origins to $4.45, taking China-Europe pricing back to late-March levels after the European Union scrapped its EUR150 de minimis exemption on 1 July; Hong Kong to Europe tonnage was down 23% year on year.