All Tac Index articles – Page 4

  • News

    Airfreight rates up as capacity comes under pressure

    2020-08-04T09:44:00Z

    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

    2020-07-28T09:24:55Z

    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

    Airfreight rates predicted to rise over the coming months as capacity tightens

    2020-07-23T15:45:21Z

    Airfreight rates from China and Hong Kong are set to rise again over the coming months as new product launches and a lack of capacity put load factors under pressure, according to freight forwarder Flexport.Last week rates out of Asia appeared to stabilise — and even crept up a little ...

  • News

    Airfreight rates from Hong Kong and Shanghai stabilise

    2020-07-21T10:47:42Z

    Airfreight rates from Shanghai and Hong Kong showed some signs of stabilisation last week, according to the latest figures from TAC Index.Numbers from the data provider show that airfreight rates from Shanghai to North America decreased by 0.8% week on week to $4.65 per kg, while from Shanghai to Europe ...

  • News

    Transpacific airfreight rates edge back up

    2020-07-14T14:44:34Z

    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 ...

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    News

    Shanghai airfreight rate declines show signs of slowing

    2020-07-07T10:14:21Z

    Airfreight rate declines out of Shanghai have shown signs of stabilising over the last week.The latest figures from TAC Index show that prices from Shanghai to North America last week declined by 4.3% compared with the previous week to $4.50 per kg.From Shanghai to Europe prices slipped by 2.4% week ...

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    News

    Declining rates add to pressure on cargo-only PAX flights

    2020-06-23T10:10:39Z

    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

    2020-06-16T09:40:06Z

    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 ...

  • Seabury Consulting Weekly Capacity Update June 9 2020
    News

    Airfreight rates tumble as urgent PPE demand slows

    2020-06-09T08:56:45Z

    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 ...

  • Seabury Consulting Air Cargo Capacity June 2
    News

    Airfreight rates continue to decline on key trades

    2020-06-02T09:22:41Z

    Airfreight rates out of Shanghai continued on a downward trajectory last week as air cargo capacity on key routes remained steady.The latest figures from TAC Index show that average airfreight rates between Shanghai and North America last week dropped by 29.6% compared with a week earlier to $7.62 per kg.This ...

  • Seabury Consulting air cargo capacity May 28
    News

    Airfreight rates from Shanghai decline as outlook remains uncertain

    2020-05-28T09:30:14Z

    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

    Rates from Hong Kong decline but continue to climb from China

    2020-05-19T09:59:52Z

    Airfreight rates from Hong Kong to the US fell last week while pricing out of China continues to increase as airport congestion continues.The latest statistics from TAC Index show that last week average prices from Hong Kong to North America dropped by 23.4% compared with a week earlier to $6.49 ...

  • News

    Asia-Europe airfreight rate growth shows signs of slowing

    2020-05-12T09:38:03Z

    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

    2020-05-05T09:49:56Z

    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

    2020-04-28T09:04:06Z

    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 ...

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    News

    PPE 'mayhem' continues to push China air cargo rates

    2020-04-22T13:35:52Z

    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 ...

  • News

    Baltic Exchange to add airfreight pricing index

    2020-04-17T11:33:56Z

    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 ...

  • News

    Asia-Europe air rates rocket but show signs of easing on the transpac

    2020-04-07T09:26:12Z

    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 ...

  • News

    Airfreight rates continue to rise as capacity crunch goes global

    2020-03-23T17:18:44Z

    Airfreight rates continued their rapid ascent last week, breaching the $5 per kg mark on the transpacific trade lane for the first time in years.The latest figures from Tac Index show that last week airfreight rates between Shanghai and North America increased by 18% compared with a week ago to ...

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    News

    Airfreight rate data points to China demand surge ahead

    2020-03-04T15:00:19Z

    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 ...