The Baltic Exchange, a centuries-old provider of maritime market information, has turned its attention to the sky by entering a partnership with air cargo pricing publisher TAC Index.
The London-based exchange will generate six outbound airfreight indices and 17 individual destinations, which will be offered under the Baltic Air Freight Index (BAI). TAC, based in Hong Kong, will keep these indices current.
The BEI indices will be priced in U.S. dollars per kilogram of freight and cover the key...
https://www.freightwaves.com/news/baltic-exchange-enters-airfreight-market-with-pricing-index