Global air freight rates eased lower during the first week of the year, according to the latest data from TAC Index. The global Baltic Air Freight Index fell -3.7 percent over the week to January 6 as the traditional peak season period ended and volumes declined, the update added. "Nevertheless, the index starts the year comfortably above where it was 12 months ago – when there had been a steep fall after peak season – to leave it ahead by some +25.9 percent year-on-year, and the outlook is still relatively buoyant." #TACIndex #BalticAirFreightIndex #China #US #Europe #Frankfurt #Chicago #Shanghai #aircargo #aircraft https://www.stattimes.com/air-cargo/air-freight-rates-ease-as-volumes-decline-1354168