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Airfreight rates slump after Lunar New Year 

Baltic Air Freight Index down 25% for past 12 months 

Yael KatzwerbyYael Katzwer
February 27, 2024
in Air Cargo Traffic
Reading Time: 3 mins read
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Global airfreight prices continue to trend lower following the Lunar New Year, with the Baltic Air Freight Index falling for the second week in a row.  The index fell 5.7% week over week for the week ending Feb. 26, leaving its annual decline at 25% year over year, according to the latest data from airfreight […]

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Tags: airfreight ratesBaltic Air Freight IndexLunar New YearPremiumTAC Index
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