All Baltic Exchange Air Freight Index Articles – Page 3
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News
Cargo load factors remain strong despite Chinese New Year
Air cargo load factors remained strong during the Chinese New Year as demand did not fall as strongly as it has in the past.Statistics from CLIVE Data Services show that in the first week of the Chinese New Year, which this year started on February 12, services from China to ...
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News
Airfreight rates remain elevated in January despite seasonal slowdown
Airfreight rates on key trade lanes declined in January compared with a month earlier but remain far above last year’s levels.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that average rates on services from Hong Kong to North America slipped to $6.43 per kg in January compared ...
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NewsCarriers quick to return cargo capacity to the market after Christmas
Air cargo capacity quickly recovered to pre-Christmas levels after a temporary dip over the break, according to the latest figures from Accenture's Seabury Consulting.The latest Seabury figures show that capacity across express carriers, freighter carriers and bellyhold operations dipped in the last week of the year (see chart) but was ...
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News
Airfreight rates expected to remain elevated in 2021
Airfreight rates are expected to remain elevated in 2021 as the demand outlook remains uncertain and belly capacity is slowly re-introduced into the market.Writing in a Baltic Exchange market update, Bruce Chan, vice president – global logistics at investment bank Stifel, said that airfreight rates are likely to remain elevated ...
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NewsAirfreight rates climb in November while belly capacity grows
The air cargo industry saw rates out of Hong Kong increase in November while the start of December has seen carriers re-introduce belly capacity.November figures from the Baltic Exchange Air Freight Index (BAI) powered by Tac Data show that in November average airfreight rates from Hong Kong to North America ...
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