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TAC Index – Air Freight Market Blog

Neil Wilson
September 5, 2024

Markets spooked by carry trade worries and Temu results, but air freight rates stay firm

Air freight rates maintained a firm tone again through the month of August. The Baltic Air Freight Index (BAI00) gained another +5.6% over the four weeks to September 2, taking its rise over 12 months to +17.2%. Overall, rates have remained unusually strong throughout...

Neil Wilson
August 1, 2024

IT outage and other distortions cause turbulence – but fail to throw air freight markets off course

July proved to be another unusual month in the air freight market. The TAC Data indices ended the month more or less flat overall – but at levels still stronger than usual for the summer season, when there is often a lull. The overall...

Neil Wilson
July 4, 2024

Air freight rates stay firm – while markets fret about elections, Trump, tariffs and trade

Global air freight rates maintained a firm tone again throughout the month of June according the latest data from TAC Index, the leading price reporting agency (PRA) for air freight. The overall Baltic Air Freight Index (BAI00) calculated by TAC ended the four weeks...

Neil Wilson
June 12, 2024

Air freight rates high for the low season – and looking stronger ahead, especially to Europe

Air freight rates enjoyed another solid month in May, with the overall Baltic Air Freight Index (BAI00) calculated by TAC Data edging up +0.9% in the four weeks to 3 June, leaving it ahead by +6.4% over 12 months. The continuing strength of the...

Neil Wilson
May 9, 2024

April is quiet – but e-commerce players Shein and Temu drive growth towards next peak season

After a series of six successive weekly gains starting in February and running through March, it was a quieter spell for global air freight markets during April. The overall Baltic Air Freight Index (BAI00) calculated by TAC Data was exactly flat at +0.0% over...

Neil Wilson
April 5, 2024

Air cargo rates surge – as shippers race to get business done in a polycrisis world

It was a strong month for global air freight markets in March. The overall Baltic Air Freight Index (BAI00), calculated by TAC Data, notched up five successive weekly gains, ending the month up +12.2% over the four weeks to 1 April, and cutting its...