May meltdown, June rebound? Air cargo adjusts to trade shocks
May marked a turning point in the global air cargo market. The Baltic Air Freight Index (BAI00) dropped 6.24% month over month, reflecting market stress that followed the U.S. suspending its de minimis exemption and imposing steep tariffs on Chinese imports. A mid-May tariff rollback helped ease the pressure, but volatility hasn’t gone away. Rates […]
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