Although freight rates from Asia have remained stable in recent weeks, rates on transatlantic trade routes have begun to rise as passenger airlines have been reducing bellyhold capacity to adjust for the winter off-season, and Guarulhos International Airport (GRU) has also been affected by congestion.

　　According to WorldACD data, spot prices for westbound shipments from Europe to the U.S. increased by 16% and 17% in the past two weeks, reaching $3.34 per kilogram, reflecting a decrease in capacity following the start of winter flights on October 27.

　　The data company added that demand has also increased ahead of the Thanksgiving holiday on November 28. Meanwhile, "the cargo load factor in the westbound transatlantic market is already relatively high."

　　WorldACD added that prices rose due to a five-day embargo implemented at GRU on November 11 to address congestion, resulting in a 36% increase in spot prices from Europe to South America in the past two weeks, reaching $4.32 per kilogram.

　　In week 46, prices from Europe to Brazil reached $6.58 per kilogram, a 57% increase from two weeks ago.

　　Meanwhile, data providers indicated that rates in the Asia-Pacific region remain strong but stable.

　　The company explained in its weekly market summary: "Although markets, including the Asia-Pacific region, remain relatively strong, good advance planning by air freight stakeholders seems to be avoiding severe peak season capacity crunches and significant price increases in the Asia-Pacific market."

　　It added: "Nevertheless, in week 46, spot prices for shipments from China, Hong Kong, and South Korea to Europe recorded week-on-week increases of 11%, 5%, and 4%, reaching $4.98, $5.93, and $4.93 per kilogram, respectively. However, spot rates from the Asia-Pacific region to the U.S. fell by 4% weekly, with spot rates from China down by 2%."