All Freight Investor Services articles
-
News
Unexpected airfreight rate stagnation down to fuel prices and a slowing market
Many had expected the opening up of Shanghai and Hong Kong following strict Covid lockdowns to result in a surge in rates from Asia as factories played catch up following months of closure.However, TAC Index figures show that rates actually declined marginally in June compared with May from Hong Kong ...
-
News
Airfreight rates to continue to rise despite easing demand?
The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst at investment bank Stifel.In the latest Baltic Exchange market round-up, Chan said that despite a year on year drop in ...
-
News
Air cargo rates up in August as peak season looms
Air cargo rates on major east-west trade lanes began to pick up in August as the industry faced supply chain disruption due to lockdowns in China and the peak season looms (see dashboard below).The latest figures from the Baltic Exchange Air Freight Index (BAI) show that in August average prices ...
-
News
Airfreight market set to get worse before it gets better for buyers
Buyers of airfreight capacity should expect the market to get worse before it gets better, according to Bruce Chan, vice president of global logistics at investment bank Stifel.Writing in the Baltic Exchange monthly market summary, Chan said that belly capacity is not expected to return until 2023 at the earliest.And ...
-
News
Transpacific airfreight rates climb in April
Airfreight rates from Hong Kong to North America took off in April as a combination of capacity shortages and rising demand hit the market.Baltic Exchange Air Freight Index (BAI) figures show that in April the average price on services from Hong Kong to North America increased by 54.7% compared with ...
-
News
Transpac rates rise while supply chains brace for Ever Given impact
Air cargo rates on the transpacific trade lane picked up last week while capacity remains tight and supply chains brace for the impact of the Suez Canal blockage.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that last week prices from Hong Kong to North America increased by ...
-
News
Cargo load factors remain strong despite Chinese New Year
Air cargo load factors remained strong during the Chinese New Year as demand did not fall as strongly as it has in the past.Statistics from CLIVE Data Services show that in the first week of the Chinese New Year, which this year started on February 12, services from China to ...
-
News
Air cargo capacity expected to remain constrained
Air cargo capacity is expected to remain constrained for some time, resulting in forwarders increasingly relying on charter operations.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that vaccination programmes were expected to lead to a pick-up in passenger ...
-
News
Airfreight rates expected to remain elevated in 2021
Airfreight rates are expected to remain elevated in 2021 as the demand outlook remains uncertain and belly capacity is slowly re-introduced into the market.Writing in a Baltic Exchange market update, Bruce Chan, vice president – global logistics at investment bank Stifel, said that airfreight rates are likely to remain elevated ...
-
News
Airfreight rates on the up in August
Air cargo rates on some of the world’s busiest routes began to pick up again in August while the outlook remains uncertain.The latest figures from Tac Index show that prices on services from Hong Kong to both North America and Europe increased in August compared with both a month earlier ...
-
News
Airfreight rates up as capacity comes under pressure
Airfreight rates from key Asian hubs continued to climb last week as ocean capacity shortages and personal protective equipment shipments pick up.The latest figures from TAC Index show that average airfreight rates from Hong Kong to North America last week climbed for the fourth week in a row as they ...
-
News
Airfreight rates to the US continue to pick up
Airfreight rates out of major Asian origins to North America showed signs of increasing last week as demand shows signs of picking up.Figures from data provider TAC Index show that average airfreight rates from Shanghai to North America last week increased by 9.7% compared with a week earlier to $5.10 ...
-
News
Transpacific airfreight rates edge back up
Transpacific airfreight rates increased last week as two US carriers temporarily back tracked on their plans for services to Hong Kong.The latest figures from TAC Index show that airfreight rates from Shanghai to North America increased by 4.2% week on week to $4.69 per kg while from Hong Kong to ...
-
NewsDeclining rates add to pressure on cargo-only PAX flights
Freight rates out of China continued their return to normal seasonal levels last week, putting further pressure on the use of passenger-freighter flights.The latest figures from TAC Index show that average rates from Shanghai to Europe last week declined by 30.8% week on week to $3.70 per kg. Prices are ...
-
News
Air cargo rates and capacity on the slide as PPE demand weakens
Airfreight rates and capacity both declined last week as demand for the transportation of personal protective equipment (PPE) continues to slow.The latest figures from TAC Index show that airfreight rates from Shanghai to North America declined by 12.8% week on week to $5.06 per kg, while from Hong Kong to ...
-
NewsAirfreight rates tumble as urgent PPE demand slows
Airfreight rates out of Shanghai and Hong Kong continued to decline last week as urgent demand for personal protective equipment (PPE) begins to slow.TAC Index figures show that last week average prices from Shanghai to North America dropped by 23.9% week on week to $5.80 per kg. From Hong Kong ...
-
NewsAirfreight rates from Shanghai decline as outlook remains uncertain
Seabury Consulting air cargo capacity May 28Airfreight rates out of Asia Pacific appear to have peaked, with prices from Shanghai to Europe and North America both declining last week.The latest figures from TAC Index show that after seven weeks of rapid increases, rates from Shanghai to North America last week ...
-
News
Asia-Europe airfreight rate growth shows signs of slowing
Airfreight rate increases between Asia Pacific and Europe showed signs of slowing down last week as coronavirus lockdown measures began to be eased.Data from TAC Index shows that last week average airfreight rates from Shanghai Pudong to Europe declined by 4.5% on a week earlier to $9.98 per kg.This is ...
-
News
Air cargo capacity continues to climb but so do rates
Airlines have been continuing to respond to urgent demand for the transport of medical equipment by adding extra cargo capacity but it has not put the brakes on rate increases out of China and Hong Kong.TAC Index figures show that last week average air cargo rates from Shanghai to North ...
-
News
Air cargo rates from Hong Kong surge
Airfreight rates out of China continued to climb last week, while prices from Hong Kong were also on the up as shippers looked to tranship through the world's largest air cargo hub.The latest figures from TAC Index show that last week average air cargo rates from Shanghai to North America ...