Rates out of Vietnam were rising sharply again both bongdaso mobile Europe and bongdaso mobile the U.S.
Global air freight prices continue bongdaso mobile maintain a firm pattern across most major routes, according bongdaso mobile the latest data from TAC Index, the leading price reporting agency (PRA) on air freight.
The overall Baltic Air Freight Index calculated by TAC was down only a tad (-0.2 percent) in the week bongdaso mobile June 24, leaving it ahead by 9.2 percent over 12 months - boosted by continued strong e-commerce activity and shippers switching from sea bongdaso mobile air cargo bongdaso mobile avoid disruption and higher costs in ocean shipping, the update added.
The index of outbound routes from Hong Kong was lower by -1.6 percent WoW but still ahead by +17 percent YoY. Outbound Shanghai was also slightly down but still ahead by some +36 percent YoY - though overall rates from China bongdaso mobile Europe were still rising. "Rates out of India fell back a little after huge gains earlier this year but out of Vietnam were rising sharply again both bongdaso mobile Europe and bongdaso mobile the U.S."
Out of Europe, rates were little changed. "The index of outbound routes from Frankfurt slipped a little after a big gain the previous week leaving the YoY decline at -22.1 percent. Outbound London was also off, leaving the YoY fall at -30.1 percent."
Rates from Chicago maintained their volatile week-bongdaso mobile-week pattern with a jump of +8.4 percent, helping cut the YoY decline bongdaso mobile only -9.5 percent. Overall, rates from the U.S. were rising bongdaso mobile both Europe and bongdaso mobile China but a bit lower bongdaso mobile South America, the update added.
Source: https://www.stattimes.com/air-cargo/air-freight-prices-continue-bongdaso mobile-maintain-firm-pattern-1352497?infinitescroll=1
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