China-Europe air freight rate blip, but forward curve expects Q3 surge

July 10, 2018 Gavin van Marle

Air freight rates on the China-Europe route surprisingly declined this week but are expected to rise, according to the new forward curve published by the TAC Index in conjunction commodity broker Freight Investor Services (FIS).
It recorded a rate of $2.65 per kg this morning, a drop of $0.04, reversing a trend of steadily increasing rates, FIS said.
“Air Cargo rates have seen a steady rise in recent weeks, possibly owing to ...

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