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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 ...

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