The rates continue to decrease despite the reduction of customs tariffs in the United States

Global air rates decreased a little again last week, according to the latest data from the TAC index. The global air freight index in the Baltic (Bai00), which was calculated by TAC, decreased by 1.0 percent a week to May 19, leaving it by 5.1 percent less year on year.

Numbers indicate that there was no immediate recovery in the prices that follow the agreement between the United States and China to reduce levels of superior mutual tariffs-at least for the next 90 days.

Outside China, prices have generally rose to Europe but have decreased on the roads to the United States, with the end of the minimum minimum packages that began to affect sizes as expected, despite the last commercial deal. The Hong Kong Road Index (Bai30) increased by 0.1 percent a week per week, although it remains a 3.3 percent decrease on an annual basis. This slight height was partially driven by a modern jump in classes to Europe.

On the other hand, Shanghai, the external vector (Bai80), decreased by 3.5 percent a week per week, which pushed him by 14.2 percent on an annual basis. Prices to Europe also rose a week from a week of Bangkok and Seoul, while Vietnam saw that rates have declined to Europe but rose to the United States. Outside India, the rates were slightly lower in both directions.

In Europe, there was a decrease in rates on the Atlantic passages of the United States as well as to China, but the high prices to Japan. The Frankfurt External Road Index (Bai20) increased by 0.7 percent a week per week, leaving it 2.6 percent higher on an annual basis. On the contrary, the external London Heathrow (Bai40) fell 0.7 percent a week per week, decreasing to 6.7 percent of the level that was seen this time last year.

From North America, prices on corridors fell to both Europe and China, but it rose again to South America. The external road index of Chicago (Bai50) gained 1.8 percent a week per week, which prompted it to increase 23.2 percent year on year.

After the decline, the rates of the customs tariffs in the United States – appeared in the first week in the week of air cargo.