Markets were volatile and fractious in March – not surprisingly perhaps given the outlook for higher tariffs in the US, risks of retaliation from elsewhere and the potential disruption to global trade and growth. Indeed, the US stock market completed its worst quarter for...
Rates edge lower in April – as markets grapple with uncertainties on tariffs and trade
During a period of high volatility and turmoil in markets, global air freight rates were generally trending a little lower in April – though with huge dispersion in the trends across different lanes. The global Baltic Air Freight Index (BAI00) calculated by TAC Data...