Baltic Exchange and TAC Index launch new spot indices
Baltic Exchange and TAC Index will launch a new suite of daily airfreight spot indices from 1 July 2025, following a successful private trial that began in October 2024.
The Baltic Air Freight Spot Indices provide real-time pricing on high-volume routes from Hong Kong to Central Europe, the US East Coast and West Coast—key trade lanes for e-commerce exports from Southern China. The indices are derived using Baltic’s FCA-regulated methodology, first established for dry bulk shipping. They are designed to support forward contracts and derivatives in the volatile airfreight market.
"These assessments meet a clear demand for reliable risk management tools," said Mark Jackson, CEO of the Baltic Exchange. "They offer a solid foundation for market participants." John Peyton Burnett, Managing Director of TAC Index, added: "This launch strengthens transparency and aligns with our shared commitment to innovation in air cargo pricing." (ah)