Asia-Pacific Air Cargo Spot Rates to Europe Slide for Fifth Week as China-EU Lane Softens

Summary

WorldACD data shows Asia-Pacific to Europe air cargo spot rates fell for a fifth straight week in late July, driven mainly by discounting out of China. Transpacific demand held up better, supported by semiconductor, server and AI-hardware shipments, leaving forwarders repositioning widebody freighter capacity ahead of the fourth-quarter peak.