FIS Air Freight Report June 11, 2019

After sinking in the previous weeks, rates have rebounded slightly reflecting an on-going turbulent market. Forward markets and the current spot market show a year on year prospective decline on both China to Europe and US lanes of 3 to 4% annually.
Crucially, global slack demand has been hitting carriers and forwarders from April onwards, representing a divergence in contract rates and the low spot market. New annual carrier contract prices have been revised downward reflecting a lack of appetite for new BSAs or charters, and interest for cash-settled non-physical delivery derivatives has been high in order to plug immediate gaps in cash flow.
The Freight Investor Services air cargo market report combines data from The Air Cargo (TAC) Index and perspectives from our wide array of clients to provide an view on the historical, present and future air cargo market. Constantly under review, market players can use the report to judge and assess air freight market volatility. The Forward Curve is an amalgamation of previous and prospective market data, weighted by live market information provided by our wide array of corporate clients. When trading an air cargo derivative, you can use the forward curve in conjuction with your own propriortory data to take a view as to where you think the market will turn next.
Airfreight routes (AGRs)’ provide us with tradeable routes in conjunction with baskets, by maximising volumes along regional tradelanes. AGRs calculate the average of several correlating arrival points noted by their airport codes
AAC Cargo & International Shipping Services
Dubai, Unites Arab Emirates
Tel: +971 4 8880718
Website:
Shipping & Moving Household & cars from Dubai to USA, Africa & Europe, we are international movers specialized in worldwide logistics from Dubai.
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