Post by The Logistic News

📊 Baltic Exchange Expands Air Freight Spot Indices to Shanghai Amid intensifying market volatility fueled by e-commerce spikes and changing global trade patterns, the Baltic Exchange—in partnership with TAC Index—has officially expanded its suite of transactional data tracking to launch a dedicated Shanghai (PVG) outbound spot freight index. The new index introduces weekly, audit-compliant data reflecting spot rates for air cargo flying from Shanghai to major global consumer destinations across North America and Europe. Industry leaders note that as seasonal capacity shifts, geopolitical bottlenecks, and sudden demand surges make long-term fixed air freight contracts riskier, logistics providers and freight forwarders are relying heavily on spot index indexing to hedge risks, benchmark pricing, and introduce floating-rate mechanisms into cross-border air logistics agreements. 📖 Read the full market index report: 🔗 https://lnkd.in/e3tiftSD