Freightos Data, part of the Freightos Group, is launching the Freightos Air Index, an air cargo index based on transactional air cargo prices in an effort to provide transparency and support decision making.
FAX provides pricing visibility across weight breaks, trade lanes, and hundreds of airport pairs. The index is published each Sunday with data from the prior week.
“Global supply chains have experienced unprecedented volatility, fueled by heightened demand, Covid-shutdowns, congestion, and more. This has pushed freight rates to all-time highs. For example, air cargo spot prices from Germany (FRA) to China (PVG) have skyrocketed 2.2X over the last three months to $3.53/kg,” reads the release.
Fluctuating prices and changing capacity challenge carriers, forwarders, and importers/exporters struggling to accommodate the current freight landscape.
Freightos Data, part of the Freightos Group, launched the Freightos Air Index, an air cargo index based on transactional air cargo prices in an effort to provide transparency and support decision making.
FAX provides pricing visibility across weight breaks, trade lanes, and hundreds of airport pairs.
The index is published each Sunday with data from the prior week.“Global supply chains have experienced unprecedented volatility, fueled by heightened demand, Covid-shutdowns, congestion, and more.
This has pushed freight rates to all-time highs.
For example, air cargo spot prices from Germany (FRA) to China (PVG) have skyrocketed 2.2X over the last three months to $3.53/kg,” reads the release.
Fluctuating prices and changing capacity challenge carriers, forwarders, and importers/exporters struggling to accommodate the current freight landscape.
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After months of negotiations, Kenya and the United Kingdom have concluded a Strategic Economic Partnership Agreement (EPA) that will strengthen the relationship between UK importers and Kenyan exporters, while providing Kenyan farmers with the opportunity to expand their presence in the UK post end of the transition period, as published by Perishable Movements Limited (PML).
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