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. Since 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 […]
FIS publishes first airfreight futures forward curve
A new risk management tool will help buyers and sellers tackle capacity constraints and seasonal price increases. Freight Investor Services (FIS), the global leader in freight and commodity derivatives, has published the first ever airfreight forward price curve, beginning a new era of risk management in this $70 bn freight market. FIS has spent 12 […]