Stay ahead in the dynamic world of international air freight with Pelicargo's Weekly Market Updates. Gain essential insights into economic trends, air freight demand, rate fluctuations, and everything you need to stay informed and competitive.
Scroll down for hot routes and rates!
-- Toby Raworth / Commercial Director, Pelicargo (March 7, 2025)
🕓 5 Min Read
February air cargo data from Xeneta revealed a 4% year-on-year increase in demand, stable dynamic load factors at 59%, and a 10% rise in average spot freight rates to $2.53/kg. However, the impact of stricter e-commerce regulations became evident as Shanghai-to-US rates plummeted by 29% month on month to $3.23/kg, signaling potential turbulence ahead. Xeneta’s Niall van de Wouw noted that Shanghai is likely the first market to feel the pinch, as regulatory shifts and the removal of the US de minimis exemption begin to affect e-commerce volumes.
Looking ahead, Xeneta projects 4.6% market growth in 2024 but warns that changes in tariffs and e-commerce policies could disrupt expectations. Shippers are exploring ways to mitigate rising costs, with some eyeing alternative markets like Vietnam. Meanwhile, airlines may reallocate capacity away from China, freight forwarders are hesitant to commit to long-term agreements, and uncertainty looms over air cargo pricing. As regulatory shifts continue, the industry braces for volatility in demand and freight rates.
🌐 Source: Xeneta, AirCargoNews
🔎 Check LIVE rates for global routes!
* All-In Rate. Screening Fee not Included. Ch.Weight varies by case.
* Please note that the rates displayed serve as a reference and are subject to individual circumstances.
* For personalized rates, kindly reach out and inquire here.
Market Updates: Toby Raworth
Editorial Revision: Ken Miao
What is PELICARGO ?
Get Free Market Report & Rates: Sign Up
LIVE Demo: Click here
Discover what it's like to be a part of the Pelicargo team.
770 Massachusetts Ave, 390054, Cambridge, MA 02139
Pelicargo 2023 All Rights Reserved