Road change and slip rates
- The global air markets remain volatile, as prices turn uneven in the regions. TAC data for the week until September 15th shows that the Baltic air freight index slides -0.7 per cent, leaving it a decrease by -6.5 percent year on an annual basis. While some Asia and medium corridors in Asia and young adults, annual declines increased in double numbers.
- Europe has shown mixed fortunes, strengthening Asia and Latin America, but the fall on the Atlantic roads, while the United States has deployed modest recovers from very low levels.
- The result is a specific fragmented market through fragile demand, converting trade rules, and fixed supply chain adjustments.
The global air markets are still unstable as fluctuations in the main commercial corridors, which reflects a fragile balance between the pressure of the supply chain, the rules of trade, and the change of demand. According to the latest data from the TAC, the BAII00 air freight index (BAI00) decreased by -0.7 percent a week to September 15. During the past 12 months, it has decreased by -6 percent, confirming the difficult natural companies and the two sectors that are traveling.
The story is not uniform. While some roads have seen modest gains, others have often refused within the same area. The tension of war reflects these continuous amendments made by companies in response to the definitions and advanced regulations. From China to the United States, prices have risen in the upper week a week, but there are still declines on an annual basis in double numbers. Hong Kong and Shanghai shipments followed a similar pattern-about a week, but they are still weaker when measured last year. Meanwhile, emerging corridors in North and Southeast Asia show a set of increases and decline, with a highlight of the speed of the market modification.
Europe also provides a mixed image. While some methods issued by destinations such as China, India, Brazil, Mexico and the Emirati state are strengthened, others – including via Atlantic services – were strengthened. In the United States, prices were modest, although they are still much lower than last year’s levels. In general, the global market is still volatile, as marginal improvements have been compensated for a week in some places by a long -term decrease.
Very fragmented market
The latest TAC index sheds light on the market fragmentation. The global air freight index in the Baltic fell by -0.7 percent last week, which left it by -6.5 percent on an annual basis. This reflects the fragile demand and the way the two trucks continue to reconfigure supply chains in response to the definitions and rules of trade.
Performance outside Asia shows the center’s lack of clearly. The prices outside China were slightly higher per week in the United States, although it still shows a decrease in two numbers on an annual basis. For Europe, they decreased for a small week a week, but they remained relatively unchanged compared to a year ago. Hong Kong external external increased by +1.5 percent a week, but it was still less by -7.3 percent on an annual basis. Shanghai Foreign Ministry moved in a similar way, climbing +1.0 percent a week, but remains less by -5.8 percent over the year.
The emerging corridors also emphasize this patchy direction. From North Asia, the rates were slightly higher to Australia and India, and jumped to Mexico. From Southeast Asia, the rates were stronger than Vietnam to Europe and the United States, although it is still much lower than last year, while Bangkok recorded a decrease in the week. East Asia’s roads to the United States were strongly arriving from Taiwan and Souyd, but again they were still much lower than the same period in 2023.
India’s position clarifies the challenge. The rates were slightly lower for Europe, but it rose a week on the United States, although it is still low on an annual basis in both directions. There is no one direction that appears, which confirms the fragmented nature of the current market.
Europe and the United States differ
Europe and the United States also show different paths. The external roads from Europe were strengthened to destinations including China, India, Brazil, Mexico and the United Arab Emirates, but declines in high -level services were recorded to the United States, as well as to Australia, Japan and South Africa.
The Road Index issued by Frankfurt reflected the gains from the previous week, as it decreased by -9.6 percent a week, and pushing the result on an annual basis to negative lands by -4.4 percent. London Heathrow also fell after modern gains, as interest rates decreased by -8.8 percent a week, increasing the increase on an annual basis to +2.5 percent.
On the contrary, American roads have published some modest recovery operations. Prices have risen to Europe and China, as well as on newly added services to Brazil and torrents, although they fell into the corridors to South America. Chicago increased by +0.2 percent a week, but it is still lagging behind the knees on an annual basis, reaching -17.2 percent.
Mexico, newly added to the TAC index data collection, highlighted fresh fluctuations. Prices to Europe decreased sharply a week after the recent gains, which again showed the nature of stopping for developments throughout the market.