Global air rates decreased last week, according to the latest data from the TAC, the reporting agency reporting the leading market. The global air freight index (Bai00) was calculated by TAC by -4.1 % per week until February 24 -despite the ongoing concerns about the impact of new definitions and potential commercial wars, but it still progresses well about 14.8 % of one year. This leaves air charging rates still looks relatively healthier than container shipping rates, which have seen some last recent falls.
Prices fell from China during the week to Europe and the United States. The sources said that the immediate prices were continuing in the low direction, but the index of Hong Kong (Bai30) roads was only 1.4 % lower, and it still has the validity of +19.5 % on an annual basis. The external Shanghai (Bai80) was at -3.7 % WOW, but it is still goodly good on itself on an annual basis +19.5 %. Elsewhere in Asia, the rates outside India were lower to Europe and the United States. Vietnam’s rates of the United States were also lower, but again to Europe.
Outside Europe, the total rates were rising to China and the United States, although it slightly declined to Japan. The Road Index from Frankfurt (Bai20) has decreased by a chunted -15.0 % after some of the recent recent gains, although it is still advancing by +9.2 % on an annual basis. Meanwhile, London London Heathrow (Bai40) +5.2 % has gained great success, leaving it with a similar gain of +8.2 % on an annual basis.
From the Americas, the Roads Index from Chicago (Bai50) was less than -4.6 % WO, although it still increases Yi +2.0 %. The total rates of the United States have declined to all major destinations, including Europe and China as well as to South America, although it is still mostly in the positive YOY region.
After the first time, a tariff tariff appeared in the week of air cargo.
