Transport companies are still in the profit area
Air air prices fell last week, according to the latest data from the TAC, the reporting agency reporting the leading prices of air freight markets. The Baltic Global Air Cargo Index (Bai00), calculated by TAC, decreased by 3.5 percent a week until April 28. However, in the forefront narrowly, an increase of 0.8 percent compared to the same period twelve months ago-at a time when the market was rising, driven by the e-commerce boom. In addition, jet fuel prices decreased by about 14.6 percent during the twelve months, according to the latest data from Platt’s-, indicating that most air transport companies must continue to have profitability.
The stakeholders in the industry are trying to move in fluctuations and disruption in global trade resulting from the continuous uncertainty surrounding the new definitions in the United States – as well as the planned party. This is the minimum Exemption from small packages valued under $ 800, is scheduled to enter on May 2. While some expected a possible increase in shipments before this deadline, the total rates of China decreased a little again last week to Europe and the United States. The Hong Kong external road index (Bai30) decreased by 1.2 weeks per week, leaving it by 3.6 percent on an annual basis. The external Shanghai (Bai80) decreased by 6.1 percent a week, prompting it to negative lands on an annual basis by 4.8 percent. The rates were also somewhat less per week in the corridors than Vietnam, as well as from Bangkok and torrents to Europe-despite the increase in India’s rates to the United States again.
From Europe, prices have generally increased to China and Japan, but they decreased in most of the Atlantic corridors to North America. The external road index of Frankfurt (Bai20) has decreased sharply after modern gains, as it decreased by 12 percent a week-although it is still 7.9 percent comfortably on an annual basis. Heathrow in the external London (Bai40) also witnessed a sharp decrease of 13.9 percent a week, and decreased at lower rates to Southeast Asia, the Middle East and the United States, leaving it by 13.2 percent on an annual basis.
From the Americas, despite the sharp decline in the corridors to China, the total prices challenged the global declining trend – backed by road gains to Europe and South America. The external road index of Chicago (Bai50) increased by 14.1 percent a week, which placed 61.9 percent on the basis of annual levels of relatively subject to twelve months ago.
After the profit area appeared first in the week of air cargo.