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Airfreight rates fall in July despite fuel price rises

aircargonews.net · 4d

Airfreight rates fall in July despite fuel price rises

Airfreight rates fell last month despite the restart of fighting in the Middle East pushing up jet fuel prices. The latest Baltic Air Freight Index (BAI00) calculated by TAC shows that average airfreight rates in July fell by 8.8% compared with June’s levels. While prices were 16.8% up on last year’s levels on 27 July…

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