Online market Freightos, a global freight booking platform, has added a benchmark pricing index for airfreight alongside its daily composite of 40-foot container shipping rates known as the Freightos Baltic Index.
The weekly product, based on real-time transactional air cargo data, is a direct challenge to the Hong Kong-based TAC Index, the primary conduit for tracking aggregated pricing movement in the industry for several years.
The extreme volatility of air cargo rates and tight supply of...
https://www.freightwaves.com/news/freightos-takes-on-tac-with-new-airfreight-index