Recent Trends in International Air Freight Rates

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Air Freight Calculator
Many logistics partners now provide a virtual calculator on their website for sellers to determine the price of shipping their consignment using air freight services. This tool is rather simple to use. You will be required to add in the physical dimensions and weight of your consignment. The calculator calculates the volumetric weight and compares it with the good’s actual weight to determine the charges. Finally, the calculator will display a rate that would be an approximation of the costs that you might incur while shipping your parcel. It also incorporates taxes and other charges that are levied for your shipment.


January 2024 saw a 10% year-over-year increase in air freight volumes, but oman phone number list because of the availability of capacity, this hasn’t translated into increased rates. January’s greater air cargo volumes are probably partly attributable to shippers, particularly in the garment and manufacturing components industry, switching from ocean to air transport to move products on time for the Lunar New Year.

As belly capacity continues to re-enter the market, it is anticipated that air freight costs will continue to fall in comparison to 2023 levels. Global general air cargo spot rates fell -12% month over month in January 2024 to an average of USD 2.27 per kg. This was following the global dynamic load factor’s trend, which saw it fall 3% points to 56% in January 2024 compared to December 2023. It’s still quite hard to predict the market. We have to wait and watch what happens in February when we might witness a decline in air and ocean volumes as well as rates if the market stabilises more.


Businesses across the world have begun using air freight as a quicker and more secure method of transportation. It has numerous advantages and has made it possible for eCommerce businesses to open up their markets in places untouched. However, shipping your parcels through airways is not as simple as it looks. The cost becomes a primary concern for shipping through air route and understanding the factors that influence the price of air cargo shipping is crucial for you to plan your transportation methods. From distance, location, weight, demand, and services opted, there is a delicate balance that can be struck to keep your shipping costs as minimal as possible. Understanding how you can keep your logistics costs in line is crucial for making profits in your business. You can rely on a trustworthy logistics service provider like Shiprocket’s CargoX to transport your heavy and bulk goods across borders using air freight. They provide instant quotes and have no hidden fees.