November was an eventful month in air freight markets, with the overall Baltic Air Freight Index (BAI00) rising 17.2% in the four weeks to 4 December, leaving its change over 12 months at -17%.
Market sources who correctly anticipated the recent rise in rates that began in September had been expecting it to continue – and thus, a much more normal ‘peak season’ in 2023 than last year, given the strength …
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