The air cargo market could see significant disruption in the way capacity is bought and sold with the launch of forward freight agreements (FFAs).
Brokerage Freight Investor Services (FIS), working with the TAC Index, is offering airlines and forwarders a range of contracts that will help both sides manage risk and balance budgets.
Brokers in the FFA markets can identify a forward spot rate, which the forwarder can buy, protecting it against a change …
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Source: The Loadstar