Global air freight rates ended a volatile week a little lower, according to the latest data from TAC Index.

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Air cargo rates decline on tariff worries
www.stattimes.com

Air cargo rates decline on tariff worries

Market participants are watching for impact on China-U.S. business, given announced removal of de minimis exemption.

Global air freight rates edged slightly lower again during the week to January 27, according to the latest data from TAC Index.

"The overall Baltic Air Freight Index calculated by TAC edged down -0.7 percent, leaving it ahead by +8.7 percent YoY, with the market still relatively firm following a modest uptick on the busiest lanes out of China in the runup to Chinese New Year."

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Global air cargo rates show mixed trends: TAC Index
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Global air cargo rates show mixed trends: TAC Index

Rates out of China were up both to Europe and to the U.S. but declined sharply (-20.8%) from Chicago.

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Global air freight rates trended lower again, down 4.7 percent, during the week to January 20, according to the latest data from TAC Index, the leading price reporting agency on air freight.

#tacindex #china #hongkong #europe #frankfurt #chicago #chinesenewyear

Global air cargo rates continue to be weak
www.stattimes.com

Global air cargo rates continue to be weak

Rates, however, still up +16.6 percent YoY with data showing little sign of any collapse in e-commerce activity.

"450 medium-sized to wide-body freighters could leave the market by 2030."

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Demand to improve in Q22023: Cathay Pacific
www.stattimes.com

Demand to improve in Q22023: Cathay Pacific

"450 medium-sized to wide-body freighters could leave the market by 2030."