All Freight Investor Services articles – Page 2
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NewsPPE 'mayhem' continues to push China air cargo rates
Air cargo rates out of China increased again last week as demand for the transport of personal protective equipment (PPE) continued to surge.The latest figures from TAC Index show that average air cargo rates from Shanghai to North America last week increased by 9.7% on a week earlier to reach ...
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Baltic Exchange to add airfreight pricing index
Derivatives trading platform Baltic Exchange will adopt TAC Index airfreight rate data to publish its first index of airfreight prices along major air trade lanes.The Baltic Exchange, which traces its routes back to the 1700s, provides benchmark assessments for the maritime markets which are used to settle billions of dollars-worth ...
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TAC Index: Air cargo pricing from China surges again
Airfreight rates from Shanghai to Europe and the US surged again last week as capacity on the trade lanes remained tight.The latest statistics from TAC Index show that prices on services from Shanghai to North America last week increased by 9.3% week on week to $6.95 per kg, which is ...
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Asia-Europe air rates rocket but show signs of easing on the transpac
Airfreight rates between China and Europe increased rapidly last week but there was a drop to North America.The latest figures from TAC Index show that average prices from Shanghai to Europe last week increased by a huge 42.3% to $7.33 per kg.This is a new record for the index, which ...
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NewsTAC Index: Airfreight rates continue to increase but signs of a slowdown
Airfreight rates on the main trade lanes out of China and between Europe and the US increased again last week as capacity is "rapidly" coming back into the market.The latest figures from TAC Index show that average prices on services from Shanghai to North America last week increased by 15% ...
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China airfreight rates continue to surge
Airfreight rates out of China have rapidly increased over the last week, but thoughts are now turning to the impact of lower consumer demand in Europe and the US.The latest TAC Index figures show that average airfreight rates on services from Shanghai to the US last week increased by 29.7% ...
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NewsAirfreight rate data points to China demand surge ahead
Intra-Asia airfreight rate data could indicate a surge in cargo from China over the coming weeks.The latest figures from TAC Index show that airfreight rates on services between China and Singapore, and from China to Korea dramatically spiked over the last few weeks.Prices from Singapore to China reached just over ...
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Airfreight rates show signs of improvement in January
Airfreight rates showed signs of improvement in January, but the outlook is clouded by the timing of the Chinese New Year and the impact of the coronavirus.The latest data from Tac Index shows that in January prices on services from Hong Kong to Europe were level with a year earlier ...
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Air cargo contracts expected to be at lowest level for four years
The baseline price of airfreight ACMI and block-space agreements are expected to be negotiated at their lowest level in four years despite expectations of a pick up in 2020.Speaking to Air Cargo News, Peter Stallion of airfreight derivatives broker Freight Investor Services (FIS) said that contracts tended to be negotiated ...
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A tough year for air cargo rates but some positives
Airfreight rates on major east-west trade lanes ended the year behind 2018 levels, but the picture is more positive when taking a longer term perspective.Data from TAC Index shows that in December rates on services from Hong Kong to North America declined by 22.6% on last year to an average ...
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Asia-Europe air cargo rates close in on 2018 levels in November
Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still lag behind a year ago.The latest figures from TAC Index show that in November rates on services from Hong Kong to Europe declined by 3.3% year on year to $3.26 ...
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Cathay Pacific: positive peak season for AP region
Cathay Pacific Cargo has reported a positive peak season, based on its performance and its role in transporting freight related to consumer-led holidays such as Singles' Day, Thanksgiving and Christmas.In a reflective, positive statement, the company's head of cargo global partnerships, James Conlin (pictured), said: "While still below what it ...
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Air cargo peak quickly peters out
The air cargo peak season appears to have quickly fizzled out this year, following on from two bumper years in 2017 and 2018.The latest freight rate data appears to show that the rise in prices experienced at the start of November has quickly flattened off.Tac Index figures show that prices ...
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Peak season arrives as Asia-Europe rates take off
Airfreight rates on services between Hong Kong and Europe have started to pick up as the peak season finally gets underway.The latest figures from Tac Index show that in October the average price on services from Hong Kong to Europe reached $2.82 per kg, up from $2.56 in September.While average ...
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Shanghai airfreight rates improve as cargo switches from Hong Kong
The price of air cargo out of Shanghai airport has begun to improve over recent weeks as cargo volumes have shifted from Hong Kong to the Chinese hub.The latest figures from Tac Index show that prices from Shanghai to Europe last week increased by 4.7% compared with a week ago ...
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Airfreight rates on key routes tumble in August
Airfreight rates on the major transpacific and Asia-Europe routes began to come under severe pressure in August as demand declines increasingly take their toll on pricing.The latest figures from TAC Index show that average prices on services from Hong Kong to North America slipped by 16.9% year on year to ...
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Airfreight rates flat line for summer slowdown
Airfreight rates flat lined in July as the air cargo industry entered the quieter summer months.The latest figures from Tac Index show that average rates on transpacific, Asia-Europe and transatlantic trade lanes for July were all fairly flat compared with the previous month.However, prices do continue to lag behind the ...
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Forwarders move into finance
Freight forwarders are trading air cargo derivatives in an effort to offset the volatility of the spot market during the low season, according to Freight Investor Services (UK) – FIS.Since FIS launched the Air Freight Forward Agreement (AFFA) market in July, several leading forwarders have been using futures to hedge ...
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