Air freight index 2022 4Q

Lean Energy Co., Ltd. (LE) announced the transition of air cargo fares reflecting the Aug-Dec 2022. This index is calculated originally by LE using the bidding data conducted by LE's international logistics platform e-Bid Freight and other external sources.

TC3 to TC1

Air freight rates fell sharply this period due to sluggish cargo demand. Freight for all major destination ports...

TC3 to TC2

Freight index was downturn trend in this period, as did the TC1 region. Air freight rates fell for AMS/FRA/LHR/DXB, although...

Japan to TC3

Freight indexes for TC3 flights from Japan turned around and fell sharply due to weak cargo demand. Demand for key devices such as...

TC3 to Japan

Air freight rates fell sharply this period due to sluggish cargo demand. Freight for major destination ports including NRT/KIX declined significantly. Spot market conditions ..

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Index calculation method

• This index was calculated originally by LE using the bidding data conducted by LE's international logistics platform e-Bid Freight and other external sources.

• TC1,2,3 are based on the regional divisions defined by IATA, TC1 refers to the Americas (North America, Central America, South America), TC2 refers to Europe, the Middle East, African Continent, and TC3 refers to Asia.

• The index is calculated based on the total amount of Airfreight plus Fuel Surcharge and Security Surcharge.

• Max range is high price range, Mid range is median range, Min range is low price range

• 2020 2Q (April-June 2020) is the time to expand COVID19 and may be omitted due to lack of valid data.

• Midrange of 2020 1Q is set 1 as an indicator for each index