What is it?
The TAC index for specific major global air cargo market lanes. Updated weekly.
Represents a combination of contract and spot rates for general cargo used in the market for the previous week.
Rates are expressed per kilogram in three currencies: US dollars, Euros, and local currency. Rates include applicable surcharges for fuel and security.
The index names are: AIRUSD, AIREUR, and AIRLOC.
In SONAR TAC index rates are available for 6 major air cargo market lanes:
Using AIRUSD as an example:
AIRUSD.HKGNOA – Hong Kong to North America
AIRUSD.HKGEUR – Hong Kong to Europe
AIRUSD.PVGNOA – Shanghai to North America
AIRUSD.PVGEUR – Shanghai to Europe
AIRUSD.FRANOA – Frankfurt to North America
AIRUSD.FRASEA – Frankfurt to SE Asia
Who is interested?
Anyone that ships or imports cargo by air
What does it tell me?
It shows you the average air freight market rate trend, including surcharges, in key markets by week, and is available going back as far as 2015 for some of the indices. It shows you the strength and/or weakness of various air cargo markets over time, and can be paired up against sea freight rate trends and volumes to get a comprehensive transport picture from select markets. It’s a great benchmark for how air cargo is doing overall.