Asia air cargo rates leveling off

The Drewry Air Freight Price Index for international air cargo rates out of Asia fell 10.1 per cent in August compared to the same month a year earlier.


Drewry Air Freight Price Index international air cargo rates


The Drewry Air Freight Price Index for international air cargo rates out of Asia fell 10.1 per cent in August compared to the same month a year earlier, but the recent decline in pricing showed signs of leveling off as the measure remained almost flat compared to the previous month. The Drewry index edged up 0.4 per cent from July to August, to 99.5, the first month-to-month gain since April.