Tariffs and de minimis set air freight rates on a volatile course
Airfreight rates are climbing as shippers rush to move goods before a potential trade war ...
© Alskiba |
By Alex Lennane
Indices and forwarders are reporting a slight tightening of the air cargo market, with rates edging up.
The TAC Index noted that its overall Baltic Air Freight Index rose 1% last week, ending “a long series of weekly declines”.
WorldACD, meanwhile, reported that global tonnages were down just 4% in the first two weeks of June, a significantly smaller year-on-year gap than in previous months.
“Figures for week 24 show a stable trend in tonnages and average global air cargo prices, week on ...
Comment on this article