News / Volatile air freight rates making 2019 market difficult for forwarders to read

© Khwi

Forwarders are deploying wildly different strategies in an air cargo market that so far this year has seen erratic and volatile rates. 

Interestingly, given the soft start to the year, average air freight rates have been higher than last year, but volatility between weeks has been far greater, noted Peter Stallion of Freight Investor Services. 

He pointed to data from the TAC Index, showing the actual net price index in dollars from a basket of routes between China and Europe in 2019 and 2018. 

“Typically this is ...