WorldACD: Middle East Cargo Volumes Rise 8 Percent

Published December 14th, 2020 - 12:30 GMT
WorldACD: Middle East Cargo Volumes Rise 8 Percent
The average worldwide yield/rate in week 49 did not go up materially compared with week 48. (Shutterstock)

A lacklustre performance kept air cargo volumes tepid in November. In the last week of November (week 48), worldwide chargeable weight went down 2% compared with the preceding week.

The first week of December did better, and showed a small Week-on-Week increase (+1%).

The following regions recorded the largest weight increase: Africa (+10%), Middle East (+8%) and North America (+7%). In terms of capacity, we observe that Africa, Central & South America and North America showed the largest increase (all three at +4%), WorldACD said in a release.

The average worldwide yield/rate in week 49 did not go up materially compared with week 48. Hong Kong to Western Europe did not follow this trend, as yield/rate in this market went up 6%. 

 


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