Freight handling machinery with A380 aircraft

TAC Index said this morning there was a “distinctly firmer tone” in airfreight, as product launches trigger bookings and e-commerce continues to rise.

Rates out of China before Golden Week saw TAC’s Hong Kong outbound index rise 2.1% on the week before, while ex-Shanghai rose 5.9%. TAC also noted a jump in rates out of Vietnam, something other market watchers have spotted.

The launch of the iPhone 15 saw queues at Apple stores around the world, a boost for the manufacturer which ...

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  • Walter Kemmsies

    October 01, 2023 at 4:20 pm

    Amazing that one company (Apple) can have such an impact on expectations.