TAC Index is a leading independent provider of global air freight data, offering precise and timely market intelligence to the air cargo industry. By aggregating transactional data from global freight forwarders, TAC Index delivers accurate air freight rate indices, enabling stakeholders to make informed, data-driven decisions in a dynamic market environment.
Key Features and Functionality:
- Comprehensive Data Collection: Utilizes actual transaction data from Master Airway Bills (MAWBs between airlines and forwarders to compile weekly average general cargo prices on major global origin-destination pairs.
- Transparent Methodology: Employs rigorous and transparent processes to filter, clean, and verify data before publication, ensuring the indices are highly representative of physical spot market transaction prices.
- Antitrust Compliance: Operates as a neutral and impartial organization, fully compliant with antitrust requirements, providing unbiased and objective market data.
- Partnership with the Baltic Exchange: Collaborates with the Baltic Exchange, a renowned provider of independent maritime data, to act as the calculating agent for the Baltic Air Freight Index (BAI powered by TAC Data.
Primary Value and User Solutions:
TAC Index addresses the need for accurate and timely air freight rate information, enabling shippers, forwarders, airlines, and financial institutions to:
- Enhance Contract Negotiations: Facilitate smoother contract discussions and management through reliable market data.
- Benchmark Performance: Accurately assess and compare performance metrics within the industry.
- Conduct Financial Modeling: Support economic analysis and financial planning with dependable data.
- Monitor Price Movements: Efficiently track and discover price trends in the air cargo market.
- Optimize Revenue and Costs: Implement strategies for revenue enhancement and cost reduction based on market insights.
By providing these critical insights, TAC Index empowers its users to navigate the complexities of the air freight market with confidence and precision.
