December rates climb 168% compared to 2019

Ongoing supply chain issues, omicron variant suppress end-of-year volumes

Air Atlanta Icelandic operates its 747-400Fs in ACMI service for various customers. (Photo/Network Aviation Group)

Global airfreight rates in December remained elevated, up 168% compared to the same month in 2019, and 42% year over year due to the complexity of shipping goods by all modes of transport. Despite the continued surge in airfreight demand, ongoing supply chain challenges, congestion issues and the threat of the COVID-19 omicron variant suppressed […]

 

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