Airfreight rates continue lower trend

Global airfreight rates continued to trend lower last week according to the latest data from TAC Index, the leading price reporting agency on air freight markets. Led by falling spot rates since the end of peak season last month, the global Baltic Air Freight Index (BAI00) calculated by TAC was down a further -6.2 percent in the week to 13 January. Nevertheless, the index is still comfortably above where it was 12 months…