US Customs chaos means 'more downside risk than upside potential' for air cargo
Air cargo growth rate forecasts have been slashed, owing to the weaker economic outlook and ...
© Jozef Jankola
By Alex Lennane
Forwarders are experiencing very divergent air freight businesses, according to new data from World ACD.
While the top 10 air freight forwarders saw volumes grow 3% on average between March and February, it was in fact a mixed bag, with one losing 9% and another gaining 16%.
Forwarders ranking between 11th and 20th place, lost 2% as a group, but individually, one lost 40% of volumes while another gained 117%.
Unsurprisingly, the larger forwarders benefited from their ability to source capacity.
Meanwhile, the first ...
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