Air Freight Rates Dip Amid Volatile Week

Global air freight rates ended a volatile week a little lower, according to the latest data from TAC Index, the market’s leading price reporting agency. In a week of on-off threats about tariffs on imports to the US – and potential retaliation from trading partners – the overall Baltic Air Freight Index (BAI00) calculated by TAC ended the week to 10 February down by -2.7%, leaving it still narrowly ahead by +1.8% over 12 months. 

Market participants were watching closely for any impact on export business from China to the US, give…