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Air Timeliness Indicators Continue to Improve
Flexport’s Air Timeliness Indicator measures the amount of time taken to move airfreight from its point of consolidation to arrival at its final destination. The airfreight world tends to run along “trade lanes.” The two biggest trade lanes carry goods from Asia to North America and from Asia to Europe. The ATI captures timeliness on each of these. In our latest update, the timeliness on TPEB fell by two tenths of a day, while FEWB improved by a tenth, remaining below 10 days.
The Methodology: The Flexport Air Timeliness Indicator (ATI) utilizes data from Flexport’s airfreight operations for an expansive view of a cargo’s journey. Updated on a weekly basis it shows the time taken to transit from cargo consolidation to final delivery. Measures are shown for Far East Westbound (FEWB, e.g., China-to-Europe) and Transpacific Eastbound (TPEB, e.g., China-to-US) routes. The data is shown on a four-week, trailing average basis. More details about the ATI can be found in our background report.
Week to June 19, 2022 Last week the indicators remained relatively unchanged from the week prior. Some care is needed as there is evidence of seasonality in the series.
TPEB fell to 11.1 days in the four weeks to June 12, back to levels seen at the end of May. FEWB fell to 9.8 days in the past four weeks, returning to the level of late March. Air times may reflect seasonal shifts working their way out of the system as importers switch to summer goods.
Please direct questions about the Flexport ATI to firstname.lastname@example.org.
Disclaimer: The contents of this report are made available for informational purposes only and should not be relied upon for any legal, business, or financial decisions. Flexport does not guarantee, represent, or warrant any of the contents of this report because they are based on our current beliefs, expectations, and assumptions, about which there can be no assurance due to various anticipated and unanticipated events that may occur. This report has been prepared to the best of our knowledge and research; however, the information presented herein may not reflect the most current regulatory or industry developments. Neither Flexport nor its advisors or affiliates shall be liable for any losses that arise in any way due to the reliance on the contents contained in this report.