Overall trend continues bongdaso nét be led by higher rates out of China, driven largely by e-commerce business
Global air freight rates are continuing bongdaso nét rise, according bongdaso nét the latest data from TAC Index.
"The overall Baltic Air Freight Index (BAI00), calculated by TAC, was up a further 4.6 percent in the week bongdaso nét December 11, cutting its year-on-year fall bongdaso nét only 10 percent though some market sources now expect this strong peak season surge bongdaso nét start tapering off as the year comes bongdaso nét an end," says an official report.
"The overall Baltic Air Freight Index (BAI00), calculated by TAC, was up a further 4.6 percent in the week bongdaso nét December 11, cutting its year-on-year fall bongdaso nét only 10 percent though some market sources now expect this strong peak season surge bongdaso nét start tapering off as the year comes bongdaso nét an end," says an official report.
Rates out of Europe, on the other hand, "continue bongdaso nét languish a long way below last year’s levels with general cargo demand – aside from e-commerce – remaining soft. Outbound Frankfurt gained 1.8 percent WoW but remained at -48.4 percent YoY with rates still sliding on some lanes bongdaso nét China and the U.S. Outbound London gained 4.3 percent WoW with gains on all major lanes but still shows a drop of 60.4 percent YoY."
Outbound Chicago slipped 1.4 percent and is down 31.3 percent YoY though overall Transatlantic rates between the U.S. and Europe were rising a little in both directions.
It was a quiet week after some huge recent gains on rates out of Vietnam though rates from India were still rising, the update added.
Source: https://www.stattimes.com/air-cargo/air-freight-rates-continue-bongdaso nét-rally-tac-index-1350664?infinitescroll=1
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