Drewry Air Freight Price Index

East-West airfreight rates were for the second month in a row largely unchanged in July with Drewry’s East-West Air Freight Price Index only moving up by 0.8 points to 102.4 points. The small increase in pricing brought the index up to within 1.4 points of April’s high and an impressive 8.2 points above last year’s level, indicating the strength of the recovery in airfreight pricing over the last 12 months. Pricing stability has been supported by the removal of freighter capacity that has compensated for a seasonal rise in belly-hold space. Hence, Drewry expects airfreight rates to remain stable through August. However, thereafter pricing is expected to rise as new product launches, such as the iPhone 6, lead to a tightening of capacity.
Source: Drewry Sea & Air Shipper Insight
http://aircargoworld.com/Air-Freight-Data#chart8

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