Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
July saw the air cargo market stabilise further, according to the latest data from IATA. Cargo-tonne-km (CTKs) fell 13.5% year on year, although month-on-month, seasonally adjusted figures showed growth of 2.6%. IATA noted that manufacturing output and export orders were improving, indicating that CTKs should ...
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