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...
Air freight rates on the rise ahead of traditional peak season – as AI drives markets
Global air freight rates rose strongly in October according to the latest data from TAC Index. The Baltic Air Freight Index (BAI00) gained a solid +7.6% over four weeks to November 3, leaving it not far below where it was 12 months earlier at...