Exposure to price volatility in air freight could soon be mitigated by the launch of an air freight ‘forward price curve’.
The index could help forwarders manage the risk of rapid price changes in the $70bn market, according to the company behind it, Freight Investor Services (FIS).
FIS spent 12 months working with index provider TAC Index to develop a robust methodology for air freight.
The first weekly ‘forward curve’ covers a basket of …
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Source: The Loadstar