Q4 2024 Air Freight Rate Tracker

November 28, 2024

Global air freight rates on an upwards trend. Q3-24 month-on-month global headhaul rates increased on average 5.9%, backhaul rates increased 3.7%.
Rates on both headhaul and backhaul routes are expected to continue increasing in the short to medium term.
Jet fuel prices have followed a turbulent yet downward trend across all regions, hitting a three-year low in September 2024. In November, global bunker fuel prices rose slightly by 0.2% compared to October.

Download Ti’s Q4 2024 Air Freight Rate Tracker to understand market dynamics & rate expectations for 2025.

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