Thursday, June 20, 2024

Freight forwarders use air cargo derivatives against low season turbulence

Leading freight forwarders have moved into derivatives trading this summer to combat the turbulent air freight spot market.┬áSince the launch of the Air Freight Forward Agreement (AFFA) market this summer by UK-based Freight Investor Services (FIS), several leading players have used futures to hedge their forward exposure to future price movements. The August contract has […]