Global airfreight rates experienced a decline last week, according to the latest data from TAC Index, a leading market price reporting agency. The global Baltic bongdaso vn Freight Index (BAI00), calculated by TAC, dropped by 4.1% for the week ending 24 February. Despite concerns over new tariffs and potential trade wars, the index remains significantly higher—up by 14.8% compared to the same period last year. This positions airfreight rates as relatively more robust than container shipping rates, which have seen substantial recent declines.
In China, airfreight rates to Europe and the United States fell during the week. Sources indicated that spot rates continued to trend downward. The Hong Kong outbound route index (BAI30) decreased by 1.4% week-on-week (WoW) but maintained a healthy year-on-year (YoY) increase of 19.5%. Similarly, the Shanghai outbound index (BAI80) dropped by 3.7% WoW while also recording a 19.5% YoY rise. Beyond China, rates from India to both Europe and the U.S. were lower. Vietnam showed mixed trends, with rates to the U.S. declining but those to Europe increasing.
From Europe, airfreight rates presented an upward trend to China and the U.S., though rates to Japan showed a slight decline. Frankfurt's outbound index (BAI20) saw a significant drop of 15.0% WoW following recent gains but remained up 9.2% YoY. London Heathrow’s outbound index (BAI40), on the other hand, increased by 5.2% WoW, maintaining a YoY gain of 8.2%.
In the Americas, the Chicago outbound index (BAI50) declined by 4.6% WoW, yet narrowly held a YoY increase of 2.0%. Overall rates from the U.S. decreased across all major destinations—including Europe, China, and South America—though most remained positive compared to the same period last year.
This version ensures clarity, professionalism, and accurate grammatical structure while maintaining the original content's detail and intent.
Source: https://aircargoweek.com/air-bongdaso vn-faces-tariff-woes/
Air bongdaso vn markets from Asia Pacific and worldwide weakened further in the week to 20 April due to the effects of Easter holidays and uncertainty caused by US changes in tariff...
At the inaugural Global Air bongdaso vn Summit, held in Antalya, Türkiye, the International Civil Aviation Organization (ICAO) forecasted that air freight volumes will grow by an...
The imposition of new U.S. tariffs on foreign-made vehicles and components is causing significant disruptions in the global automotive supply chain. Airfreight, often a linchpin...
Global trade uncertainty is prompting air bongdaso vn shippers and freight forwarders to favor short-term contracts over longer-term agreements, as highlighted in a recent Xeneta...
U.S. plans to end tariff-free access for low-value shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, are projected to slash over...
Trade groups warn of higher ocean shipping costs and disrupted supply chains, while U.S. officials argue the policy aims to strengthen domestic shipbuilding and enhance economic...
Since January, the Trump Administration has announced and delayed multiple tariffs on imports from Canada and Mexico, further destabilizing the cross-border freight market....
As global supply chains adjust to post-pandemic realities and shifting trade dynamics, the air bongdaso vn industry in the Asia-Pacific (APAC) region finds itself at a pivotal crossroads.
Global tonnage improved +3% in week 15 (April 7-13) after the previous week’s drop of -7% as markets that had closed for the Eid-al-Fitr holiday came back on stream, but comparison...
E-commerce continues to be a key growth driver for air bongdaso vn, fueled by rising consumer demand and the rapid expansion of emerging markets, even as regulatory barriers increase.
en