All Tac Index Articles – Page 6
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News
Asia-Europe air rates rocket but show signs of easing on the transpac
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 ...
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Airfreight rates continue to rise as capacity crunch goes global
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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NewsAirfreight rate data points to China demand surge ahead
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 ...
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News
Asia-Europe air cargo rates close in on 2018 levels in November
Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still lag behind a year ago.The latest figures from TAC Index show that in November rates on services from Hong Kong to Europe declined by 3.3% year on year to $3.26 ...
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Airfreight rates on key routes tumble in August
Airfreight rates on the major transpacific and Asia-Europe routes began to come under severe pressure in August as demand declines increasingly take their toll on pricing.The latest figures from TAC Index show that average prices on services from Hong Kong to North America slipped by 16.9% year on year to ...
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News
Airfreight rates flat line for summer slowdown
Airfreight rates flat lined in July as the air cargo industry entered the quieter summer months.The latest figures from Tac Index show that average rates on transpacific, Asia-Europe and transatlantic trade lanes for July were all fairly flat compared with the previous month.However, prices do continue to lag behind the ...
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Air cargo rates take a hit in June
The slowdown in global trade is increasingly taking its toll on air cargo freight rates.According to data provider Tac Index, average rates on transpacific services recorded their biggest decline of the year in June.Prices on the Asia-Europe trade for the month failed to record an increase for the first time ...
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Index firm adds more rate data
Munich-based air cargo information specialist TAC says that its project to totally index the world’s major freight markets is a step closer with the publication of new routes from the US, Europe and Asia.It has added Singapore-South East Asia Heathrow to all airports in the US, Canada and Mexico, Heathrow-South-East ...
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News
Airfreight rates begin their annual climb in April
Airfreight rates on the transpacific and Asia-Europe trades have begun their annual summer climb following on from the winter lull.Tac Index data shows that average airfreight rates on services from Hong Kong to North America reached $3.60 per kg in April, up from $3.38 per kg in March.For the last ...
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News
A mixed picture for rates as air cargo shows some signs of a pick-up
Airfreight rates on the transpacific trade are expected to begin picking up over the coming weeks after hitting their low point for the year.The latest data from Tac Index shows that average prices between Hong Kong and North America stood at $3.38 per kg in March.However, derivatives broker FIS said ...
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Airfreight rate growth plateaus in February
Airfreight rate growth on major east-west lanes appears to have plateaued in February as the cargo market has had a weak start to the year.Figures from data provider Tac Index show that rates on the transpacific and the transatlantic both declined on year ago in February, while on Asia-Europe there ...