Global air freight rates have ended a week slightly lower volatility, according to the latest data from the TAC index, which is the report of the leading prices in the market. Within a week of threats about customs tariffs on imports to the United States-or the potential revenge against commercial partners-the comprehensive air freight index (Bai00) that was calculated by TAC solutions has ended to February 10. -2.7 %He left it still coming before +1.8 % More than 12 months.
Market participants were closely monitoring any impact on export work from China to the United States, given the declared removal to exempt the “minimum” of smaller beams less than $ 800 (since its suspension) – as well as a higher tariff for goods from China. But what is usually in the first quiet week after the new Chinese year, it was difficult to confirm any great immediate effect – with the rates of China to the United States a little but even a little Europe. Hong Kong Roads Index (Bai30) has been lower -3.7 % Wow, but still is a little +0.2 % Yi. The external Shanghai (Bai80) fell more severely -8.4 % Wow leaving it less in -9.4 % Yi. The rates were generally slightly lower than Asia, including from Vietnam and Bangkok as well as from India.
Outside Europe, the patterns were more mixed – where rates reach the Middle East, and have not changed in general to Japan, and slightly less to China, but they are more than the United States (after some last height – and are still on an annual basis). The Road Index from Frankfurt (Bai20) has gained more +11.2 % Wow, led by a great recovery on the corridors to Asia after CNY, to put it in the foreground by some +31.0 % Yi. On the contrary, the contrast has declined after a recent increase, Londa Heathrow (Bai40) has decreased 13.9 % Wow – although he is still in front of us +8.8 % Yi.
From the Americas, the Roads Index issued by Chicago (Bai50) has also achieved another last disknown gain +12.1 % Wow, leading higher rates to Europe, and leaving them at the forefront +9.9 % Yi. The total rates of the United States were rising to China and Europe – as well as to South America, led by rates higher than Miami, which are the largest airport through the south charging volumes.
Air freight rates appeared after a volatile week in the first week at the week of air cargo.
