The volatility in air freight markets – which has heightened during the Covid crisis – could help trigger greater interest in managing freight rate risk.
The move towards new ways of buying air freight, including via the derivatives market, has been eased by the inclusion of the TAC Index air freight rates to the Baltic Exchange, where it will be rebranded as the Baltic Air Freight Index (BAF Index).
The proponents of …
The post Forwarders urged to smooth air freight rate turbulence with ‘less-risk’ contracts appeared first on The Loadstar.
Source: The Loadstar
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