Airfreight demand expected to weaken through Q2
Weak ecommerce demand has seen cancellations of airline block space agreements and charters, particularly to the ...
© James Vallee |
The air cargo industry is in for good times, although volatility will both be a cause of growth and a challenge.
This is the diagnosis of Brian Clancy, MD of Logistics Capital & Strategy (LogCapStrat), a strategic supply chain consultancy.
He predicts that recovery from the pandemic, combined with long-term structural shifts that favour a heightened role for airfreight, is providing the impetus for robust growth over the coming years.
E-commerce and PPE aside, 2020 was a year of contraction for US airfreight: ...
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