Air freight rates are expected to experience further increases, according to the TAC Index.

Global air freight rates remained stable in the week leading up to September 9, as reported by TAC Index. The Baltic Air Freight Index dipped slightly by 1% but is still up 14.1% year-over-year. The Hong Kong outbound index saw a minor increase, particularly to North America, while Shanghai's rates decreased by 1.8% week-over-week. European routes from Heathrow rose by 1.8%, reducing its annual decline, while Frankfurt experienced a 6.2% drop. In the Americas, Chicago's outbound rates increased by 1.5%, improving its yearly performance. Further growth is anticipated due to new product launches and increased e-commerce activity.