Impact of exchange rate fluctuations on airfreight not yet ‘in sync’ with theory

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While it can be difficult to ascertain the validity of various indices and data, according to WorldACD, perishables more than maintained volumes in the air cargo sector in September. This was accompanied by a 1.6% yield improvement over August. In its analysis of the trends, World ACD also looks at the impact of currency fluctuations on the industry, and reveals that a drop in exchange rates in Japan and Brazil had a surprising effect: Japan’s air cargo volumes contracted on ...