Global air prices rose again last week, as the market went to the traditional peak season period according to the latest data from the TAC index, which led to price reports in the air freight markets. The global air freight index (Bai00), which was calculated by TAC, rose to +3.2 percent a week until October 28 to leave it in the front by +6 percent over the course of 12 months, with all the highly issued indicators increased.
The rising market once again led gains on the large export corridors from China to Europe and the United States – and despite reports more capabilities to roads from Asia, especially to the Pacific Pacific corridors. The Hong Kong Road Index (Bai30) increased +2.9 percent of the gains for most of the main destinations it left in +7.7 per cent on an annual basis. The external Shanghai (Bai80) +3.7 per cent Wow, and pushed it to +16.2 percent on an annual basis. There were also gains on the prices of Vietnam, Bangkok and Souyol – while the prices of India fell slightly in both Europe and the United States, although they remain a long way on YOY.
From Europe, the external road index from London (Bai40) increased by 8.0 % with gains on all major corridors, which prompted an annual change to +10.0 percent higher than the levels that were recognized a year ago and are still far from COVID . The Bai20 (Bai20) has excelled over modestly +1.1 per cent although it is still far from -16.4 percent on an annual basis -which reflects a European economy that remains to appear.
From the Americas, the price index issued by Chicago increased by +0.8 per cent of Wow, led by higher rates to Europe, but still in negative lands by -12.5 percent on an annual basis. The total rates of the United States were rising again to South America, but they were generally flat in the corridors to Europe and lowering the corridors to China.
Post -weather rates appeared again in the air cargo week.
