TAC Index launches air freight rate data from Europe to the United States (US). You can now track outbound and inbound air cargo costs between Europe and the US with TAC Index data.
This new route complements existing air cargo price coverage from Frankfurt (Germany), London (United Kingdom) and Milan (Italy) to the United States.
The United States is the largest trading partner with Europe. In 2022, the EU exported 509 billion Euros in goods, and imported 359 billion Euros (source: Eurostat). This makes the US the largest export market, and second-largest import market, for Europe.
Since 2017, numerous exogenous factors such as the Covid pandemic, geopolitical unrest, and volcanic eruptions have impacted air cargo prices from Europe to the US. In early 2020 air cargo costs increased by nearly 200% with price volatility remaining high until mid 2022. Since then air freight rates have declined globally and in mid 2023 returned to levels seen before the Covid pandemic.
Use TAC Index for data-driven supply chain decisions and leverage its accurate, real-time insights into air cargo price dynamics to gain a competitive edge.
You can track the latest air cargo market data at TAC Index.