Africa, Americas see highest cargo capacity increase in early December
A week ago, WorldACD reported that in the last week of November, worldwide chargeable weight went down compared with the preceding week. The first week of December did better, and showed a small Week-on-Week increase (+1 per cent).
The following regions recorded the largest weight increase: Africa (+10 per cent), Middle East (+8 per cent) and North America (+7 per cent). In terms of capacity, WorldACD observed that Africa, Central & South America and North America showed the largest increase (all three at +4 per cent).
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 per cent.