News / TAC trials first air cargo spot index 'based on actual shipments'

Air cargo pricing agency TAC Index is trialling a spot cargo indicator for freight out of India and Vietnam to Europe called the Baltic Exchange Spot Indices (BAI.S)

According to TAC, the index will provide assessments based on airline and forwarder data and will allow the development of future contracts and risk management tools not currently available to the market.

“The initial testing phase [of BAI.S] will be a private, blind trial, designed to ensure the assessments meet the Baltic Exchange’s rigorous ...