FW Desk News
FreightWatch.News
Friday, October 23, 2026
India's economy showed renewed strength in October, with survey data indicating a pickup in business activity. According to a flash HSBC survey released Friday, the purchasing managers' index pointed to expanding momentum. Global trade flows showed signs of recovery during the period. Airfreight rates climbed sharply in October. The Baltic Air Freight Index surged 4.7% in the week ending October 19, reaching levels 26.4% higher year-over-year. This reflected sustained demand for expedited cargo services during the month.
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