Bangladesh, Nov. 15 -- Global airfreight rates have climbed to their highest level so far in 2026 as the air cargo peak season gains momentum, according to the latest market data.

The Baltic Air Freight Index rose 6.6% in the first week of November compared with the previous week.

Data firm TAC Index said the rise reflects renewed tightening in the market ahead of the busiest weeks of the traditional peak season, including Black Friday and Thanksgiving in the US and Christmas in Europe.

It added that current rates are well above the highs recorded in the previous two peak seasons. On a year-over-year basis, rates have surged 28.2%.

The increase came despite falling jet fuel costs, which have been a key driver of airfreight rates this...