Drewry’s East-West airfreight rates stabilized in June, following the seasonal correction of May as Drewry's East-West Air Freight Price Index recovered 2.3 points in the month to 101.6 points. The uptick in in pricing only partly offset the decline experienced in May, but still left the index considerably higher than it was 12 months previously by a margin of 7.3 points. Drewry still expects some weakening in overall pricing over the coming months, as more seasonal belly-hold capacity from rising passenger demand comes into the market. Source: Drewry Sea & Air Shipper Insight
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