Global Air Freight Index Slips 1.1% in Week Ending November 2

The global Baltic Air Freight Index (BAI00) fell 1.1% in the seven days ending November 2, 2026, according to figures reported by STAT Trade Times. Hong Kong’s and Shanghai’s outbound indexes moved higher over the same period.

Key details

• Global air freight rates were reported 22.8% higher than a year earlier.
• Hong Kong’s outbound index (BAI30) gained 0.7% week on week and stood 28% above its year-earlier level.
• Shanghai’s outbound index (BAI80) rose 2.8% week on week and 14.4% year on year.
• Frankfurt’s outbound index (BAI20) dropped 6.5% week on week but was 25.7% higher year on year.
• London Heathrow’s outbound index (BAI40) fell 23.2% week on week and remained 34.4% above its year-earlier level.
• Chicago’s outbound index (BAI50) declined 4.2% week on week and was 17.9% higher year on year.

Shanghai’s outbound air freight index rose 2.8% in the week ending November 2, 2026.

Why it matters

The figures show different week-to-week movements across major cargo gateways, with Hong Kong and Shanghai rising as the Frankfurt, London Heathrow, and Chicago measures fell. Each of those five outbound indexes remained above its level from a year earlier.