Preparation before flight. Loading of cargo containers to airplane at airport.Global air freight prices edged a little higher again, according to the latest data from TAC Index. The overall Baltic Air Freight Index calculated by TAC was up 2.1 percent for the week to May 6, leaving it now close to flat at -2.2 percent over the last 12 months. “The ongoing strength of the market follows recent predictions of an uptick in global trade from the OECD, IMF and World Trade Organization – and some sources anticipating tight capacity for peak season later this year,” says the update. Rates on the big lanes out of China mostly maintained the positive momentum of recent weeks and months. The index of outbound routes from Hong Kong was up 0.6 percent WoW to leave it ahead by 11.2 percent YoY. Outbound Shanghai was up 1.6 percent WoW to put it ahead by 29.9 percent YoY. Other major lanes out of Asia were mixed after recent big gains with rates from both Vietnam and India higher again to the U.S. but lower on routes to Europe, the update added.
Amit Maheshwari, Founder and CEO, Softlink Global said, “India’s seafood export growth is being driven mainly by frozen shrimp, stronger aquaculture capacity,
Sunil Kohli, MD, Rahat Cargo said, “The exporters and the Indian government are aware of the challenges faced by the seafood export sector due to fluctuations in international
CK Govil, CMD, Activair Airfreight said, “India’s seafood exports are witnessing strong growth, with Andhra Pradesh emerging as a major contributor due to its robust aquaculture
Balagopal Balachandran, National Head Air Freight, FEI Cargo said, “India’s seafood exports touched a record ₹72,325.82 crore ($8.28 billion) in FY 2025-26, growing 11.2%
Satish Lakkaraju, CEO, Nexgen Logistics said, “India’s seafood story is shifting from volume to value, and Andhra Pradesh sits at the heart of it, contributing close to 30 per cent
