Air cargo rates have surged throughout March amid the volatility from the war in Iran that has snarled freighter capacity, escalated oil prices and restricted activity at major Middle Eastern airports. According to more than 500,000 weekly transactions covered by WorldACD, average global air cargo rates rose by 10 percent in the week to March 15, reaching $2.67 per kilogram when including surcharges. The increase followed a week in which rates increased 8 percent. More from Sourcing Journal Jet fuel ava ...