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  • Writer's pictureTeam CargoTalk

Global air freight rates steady: TAC Index



Global air freight rates were not affected much in the week to April 22, As per the latest data from TAC Index, leading price reporting agency on air freight markets. The overall Baltic Air Freight Index calculated by TAC was up a tad (0.1 per cent), leaving it at 8.2 per cent over 12 months—a second successive week of little change after a series of rises over the previous six weeks. There was little evidence of any impact on prices caused by severe rain in the Middle East and disruption in major hubs like Dubai, the update added. Rates on the big lanes out of China continued to edge upwards, buoyed by the continuing rise of e-commerce.@, it added

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