Freightos Air Index (FAX) is the leading pricing index of the air cargo industry. Air cargo is transitioning to real-time prices, and FAX is recognized as a critical industry resource allowing airlines, freight forwarders, importers/exporters and others to track industry prices in real-time and use this timely data to improve business efficiency.
In this respect, FAX is like the Dow Jones index of air cargo. It is derived from the world’s leading digital air cargo booking platform, WebCargo, and, along with FBX container index, is a vital part of Freightos’ mission to bring modern efficiency and agility to global shipping. FAX is published daily in USD/kg with conversion to other popular currencies. FBX, FAX, and detailed air price indexes, including airport-to-airport and weight break specific rates, are available in My Routes.
Current FAX
WebCargo is by far the largest digital booking platform for air cargo, serving dozens of airlines, 3,500+ freight forwarders across 10,000 offices, accounting for thousands of bookings per day. This makes FAX the most comprehensive and reliable index of air cargo market pricing.
FAX is published each day giving an indicative all-in spot rate for general cargo in US$ per kilogram for the previous 7 days on a rolling basis in three weight breaks of 100-300 and 300-1,000 and 1,000-3,000 kilograms.
FAX is produced according to expert legal advice to ensure full compliance with competition law and data licensing requirements. Note that the standard license is for information only, please contact us to license data for index linking, hedge fund use or as an underlying for any kind of future contracts or derivatives.
Supply chain decisions for air freight require more than pricing and transit time data. Freightos Terminal’s real-time key event feed keeps you informed on congestion, labor disputes, weather conditions, holidays, and more, improving your long-term planning and situation awareness for your organization.
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Public holiday National Day in China.
Public holiday Ημέρα Ανεξαρτησίας της Κύπρου [Cyprus Independence Day] in Cyprus.
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WHAT IS THE FREIGHTOS AIR INDEX?
FAX stands for Freightos Air Index. FAX is the most comprehensive and reliable index for air cargo market pricing, sourced from actual transactions between forwarders and carriers and backed up by real offered digital rates on WebCargo by Freightos. WebCargo is by far the largest digital booking platform for air cargo, serving dozens of airlines, 3,500+ freight forwarders across 10,000 offices, all booking shipments thousands of times per day.
HOW DOES THE FAX MEASURE PRICING?
FAX pricing is published each day, giving an indicative all-in spot rate for general cargo priced in US$ per kilogram for the previous 7 days on a rolling basis in three weight breaks of 100-300kg, 300-1,000kg, and 1,000-3,000 kilograms.
WHAT LEVELS OF SCOPE DOES FAX COVER?
The Freightos Air Index is calculated at a few different levels of scope:
– Global (one number, no weight breaks)
– Region to region (available weekly for free)
– Subregion to subregion (North American and Europe are subdivided)
– Airport to small region (61 hub airports)
– Airport to airport (61 hub airports)
WHICH REGIONAL TRADE LANES DOES FAX COVER?
FAX-AF-EU (Africa > Europe)
FAX-EU-AF (Europe > Africa)
FAX-EU-CN (Europe > China (Greater))
FAX-EU-EU (Europe > Europe)
FAX-EU-IN (Europe > India and Southern Asia)
FAX-EU-JP (Europe > Japan)
FAX-EU-KR (Europe > Korea)
FAX-EU-LA (Europe > Latin America)
FAX-EU-ME (Europe > Middle East)
FAX-EU-NA (Europe > North America)
FAX-EU-OC (Europe > Oceania)
FAX-EU-SE (Europe > Southeast Asia)
FAX-IN-NA (India and Southern Asia > North America)
FAX-NA-AF (North America > Africa)
FAX-NA-EU (North America > Europe)
FAX-NA-CN (North America > China (Greater))
FAX-NA-IN (North America > India and Southern Asia)
FAX-NA-LA (North America > Latin America)
FAX-NA-ME (North America > Middle East)
FAX-NA-SE (North America > Southeast Asia)
FAX-CN-EU (China (Greater) > Europe)
FAX-CN-NA (China (Greater) > North America)
FAX-CN-ME (China (Greater) > Middle East)
FAX-ME-NA (Middle East > North America)
FAX-ME-EU (Middle East > Europe)
FAX-ME-ME (Middle East > Middle East)
WHICH AIRPORTS ARE COVERED BY FAX?
Airports covered in FAX:
| Region | Subregion | Country | Airport(s) | Name |
| AF | AFn | EG | CAI | Cairo International Airport |
| CN | CN | CN | CAN | Baiyun Airport |
| CN | CN | CN | HKG | Hong Kong International Airport |
| CN | CN | CN | PEK | Beijing Capital International Airport |
| CN | CN | CN | PVG | Pudong Airport |
| CN | CN | TW | TPE | Chiang Kai-Shek International Airport |
| EU | EUn | BE | BRU | Brussels International Airport |
| EU | EUn | DE | FRA | Frankfurt International Airport |
| EU | EUn | FR | CDG | Charles De Gaulle International Airport |
| EU | EUn | GB | LHR/LGW | London Heathrow Airport, London Gatwick Airport |
| EU | EUn | NL | AMS | Schiphol Airport |
| EU | EUs | ES | BCN | Barcelona Airport |
| EU | EUs | ES | MAD | Barajas International Airport |
| EU | EUs | GR | ATH | Athens International Airport |
| EU | EUs | IT | MXP/LIN/SWK | Malpensa International Airport, Linate Airport, Segrate Airport |
| JP | JP | JP | HND | Tokyo International Airport |
| JP | JP | JP | ITM | Osaka International Airport |
| JP | JP | JP | NRT | Narita International Airport |
| KR | KR | KR | ICN | Incheon International Airport |
| LA | AMc | MX | MEX | Benito Juarez International Airport |
| LA | AMs | AR | EZE | Ministro Pistarini International Airport |
| LA | AMs | BR | GRU | Guarulhos International Airport |
| LA | AMs | BR | VCP | Viracopos |
| LA | AMs | CL | SCL | Benitez International Airport |
| LA | AMs | CO | BOG | Eldorado International Airport |
| LA | AMs | EC | UIO | Mariscal Sucre International Airport |
| LA | AMs | PE | LIM | Jorge Chavez International Airport |
| ME | ME | AE | DXB | Dubai International Airport |
| ME | ME | IL | TLV | Ben Gurion International Airport |
| ME | ME | QA | DOH | Doha International Airport |
| ME | ME | TR | IST | Ataturk International Airport |
| NA | CAe | CA | YUL | Montreal Dorval Airport |
| NA | CAe | CA | YYZ | Lester B Pearson International Airport |
| NA | CAw | CA | YVR | Vancouver International Airport |
| NA | CAw | CA | YYC | Calgary International Airport |
| NA | USc | US | DEN | Denver International Airport |
| NA | USc | US | DFW | Dallas/Fort Worth International Airport |
| NA | USc | US | MEM | Memphis International Airport |
| NA | USc | US | ORD | O’Hare International Airport |
| NA | USc | US | SDF | Louisville International Airport-SDF |
| NA | USe | US | ATL | Hartsfield Jackson Atlanta International Airport |
| NA | USe | US | BOS | Logan International Airport |
| NA | USe | US | CLT | Charlotte/Douglas International Airport |
| NA | USe | US | JFK/EWR | Newark Liberty International Airport, John F. Kennedy International Airport |
| NA | USe | US | MIA | Miami International Airport |
| NA | USw | US | ANC | Ted Stevens Anchorage International Airport |
| NA | USw | US | LAS | McCarran International Airport |
| NA | USw | US | LAX | Los Angeles International Airport |
| NA | USw | US | SEA | Seattle-Tacoma International Airport |
| NA | USw | US | SFO | San Francisco International Airport |
| SE | SE | ID | CGK | Soekarno-Hatta International Airport |
| SE | SE | MY | KUL | Kuala Lumpur International Airport |
| SE | SE | SG | SIN | Changi International Airport |
| SE | SE | TH | BKK | Don Muang International Airport |
CAN I SOURCE FAX DATA?
FAX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon or Bloomberg screens. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.
