Air freight rates predicted to stay at altitude next year – for some trades
Air freight rates will go up over the next few months, and potentially stay inflated ...
© Mr.phonlawat Chaicheevinlikit
By Alex Lennane
Air freight has taken a step closer to the financial and derivatives market, after the TAC Index launched on the Baltic Exchange.
The TAC will publish weekly air freight indices on six outbound routes and 13 individual destination “baskets” for the exchange.
It has always been the aim of the index to help companies manage risk through financial products. It is priced in US$ per kg, and focuses on key hubs in London, Frankfurt, Hong Kong, Chicago, Shanghai and Singapore to the ...
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