Higher spot rates contribute to rising airfreight costs
Baltic Air Freight Index up 1.8% WoW
Air cargo rates rose last week thanks to higher spot rates in an overture to the upcoming peak season. The Baltic Air Freight Index rose 1.8% week over week in the week ending Oct. 21, leaving it ahead 4.4% year over year, according to data released today by TAC Index. Sources remain divided regarding how […]
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