Archive: January 2024

January 8, 2024

Three-Month Airfreight Rate Surge Comes to an End

The peak season surge in air freight rates of the past three months appears to have come to an end according to the latest data from TAC Index, the price reporting agency (PRA) for air freight markets (source: STAT Times).

January 8, 2024

Transportation Capacity Up in December

Transportation metrics slid again in December with capacity increasing at a faster pace and prices declining at a higher rate, according to a monthly survey of supply chain executives. However, there was some optimism that the cycle may turn in…