News / Shippers look forward to the transparency new air freight rate index will bring

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An air freight rate index is soon to be launched, in what many will see as a move to fully commoditise the market.

The TAC Index aims to emulate sea freight’s Shanghai Containerised Freight Index (SCFI), providing transparency in what is often seen as an opaque sector, and will be welcomed by shippers.

The index is being launched by a group of experienced air freight and financial experts led by Robert Frei, former head of product and procurement for Panalpina, and John ...