TAC Index will provide air freight rate transparency – and looks ahead to financial markets
Shippers and forwarders can now access a real-time spot market air freight rates, as well as the possibility ...
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By Richard Ward
With container freight volatility increasing, participants at a hedging workshop organised by FIS heard that many forwarders and carriers have seen operating margins under increasing competitive strain in the marketplace, while the potential to use index-linked contracts or hedging is a possible antidote.
Rate volatility continues to be a problem for shippers, with carriers announcing almost monthly general rate increases (GRIs), a situation that has worsened in recent years resulting in an unmanageable situation and an inability to effectively plan future ...
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