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Air freight rates change little in July – amid reshuffling supply chains and capacity shifts

Air freight rates were little changed overall during the month of July, with the global Baltic Air Freight Index (BAI00) calculated by TAC Data edging up +1.5% over the four weeks to August 4. That left it lower but only marginally by -1.8% over...

June is another tumultuous month – but little movement in air freight rates

June may have been a tumultuous period in terms of geopolitical developments. But global air freight rates were little changed over the month. In June, the conflict in the Middle East escalated severely – first with Israel mounting massive air strikes on Iran, then...

Despite a market in flux, air freight rates remain firm in May

It was another volatile month in May for air freight markets. The global Baltic Air Freight Index (BAI00) did not move much overall in the four weeks to June 2, gaining +1.2% to leave it lower by -5.4% from where it was 12 months...

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...

Air freight rates accelerate in March – ahead of expectations on higher tariffs

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...

Air freight rates slip a little – with market in ‘wait and see’ mode on tariffs and trade

Air freight rates dropped a little in February, as they often do in the period during and just after Chinese New Year, but remained comfortably ahead of last year. The global Baltic Air Freight Index (BAI00) calculated by TAC Data fell -5.4% in the...