Freightos Air Index (FAX): Global Air Freight 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.

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.

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)

1. FAX-AF-EU  (Africa > Europe)
2. FAX-EU-AF  (Europe > Africa)
3. FAX-EU-CN  (Europe > China (Greater))
4. FAX-EU-EU  (Europe > Europe)
5. FAX-EU-IN  (Europe > India and Southern Asia)
6. FAX-EU-JP  (Europe > Japan)
7. FAX-EU-KR  (Europe > Korea)
8. FAX-EU-LA  (Europe > Latin America)
9. FAX-EU-ME  (Europe > Middle East)
10. FAX-EU-NA  (Europe > North America)
11. FAX-EU-OC  (Europe > Oceania)
12. FAX-EU-SE  (Europe > Southeast Asia)
13. FAX-IN-NA  (India and Southern Asia > North America)
14. FAX-NA-AF  (North America > Africa)
15. FAX-NA-EU  (North America > Europe)
16. FAX-NA-IN  (North America > India and Southern Asia)
17. FAX-NA-LA  (North America > Latin America)
18. FAX-NA-ME  (North America > Middle East)
19. FAX-NA-SE  (North America > Southeast Asia)

Airports covered in FAX:

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 termi[email protected] if you’re interested in a CSV version of data.