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23% Drop In March Airfreight Business Dwarfs February Fall
Thursday, April 2, 2020 - 10:10am | 542The latest data shows a steep decline for global airfreight demand in February and March, while prices surge because the takedown of passenger networks has created a shortage of capacity to move shipments by air. Freight volume dropped 9.1% in February, on a seasonally adjusted basis, as the...
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Air Freight Volume Drops Again In November, But At Slower Pace
Wednesday, January 8, 2020 - 4:44pm | 391Global airfreight volumes were smaller in November than a year ago, but the latest industry figures show the market is contracting at a slower pace than in most of 2019. Freight demand declined 1.1% in November, marking the 13th consecutive monthly year-over-year decrease, but November still...