TAC Index Information

What is the Air Freight Index? The Air Freight Index ('TAC') is a proprietary index which offers timely and relevant pricing data focusing on the most liquid air cargo trade lanes (50% of Air Cargo by revenue moves on the top 50 trade lanes). This transactional pricing information will appeal to all parties with an interest in the US$70B air cargo industry; shippers, forwarders, airlines and financial firms. Air cargo is the last major commodity never to have been indexed, and after ten years of effort, the Company is now prepared to launch this important index shortly. Data Providers from leading air forwarders have been secured, and the Index database and program has been developed. What we do? Global Forwarding Companies securely supply the TAC Index with the previous week's transactional data. TAC Index then aggregates the pricing data on the major trade lanes using statistical modelling techniques. TAC Index then publishes the information on a weekly basis every Monday at noon GMT. Parties pay a subscription fee to access this data. TAC Index has been developed for use by Commodity Exchanges and Clearing Houses and so adheres to their strict protocols.