News / Air freight volumes shrinking fast – but there may be a glimmer of hope

Clive Data Services

Air freight volumes are declining at an increased pace – last week, figures were down, year on year, by 48%.

This follows 27%  and 11% declines recorded the previous two weeks, according to Clive Data Services, and supports anecdotal evidence revealed in The Loadstar last week.

The biggest pace of decline was seen on Europe to North America, down 51% last week year-on-year. The least affected lane was Asia Pacific to Europe, down 35%.

“Covid-19 raised its ugly head faster and faster in ...