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 ...
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But if China keeps growing fast and any recession in the west is brief and shallow, perhaps the market may yet reach a bottom soon.
After a modest bounce during March, global air freight prices resumed their downward trend in April.
According to TAC Index, a leading price reporting agency for the sector, the overall Baltic Air Freight Index (BAI00) dipped a further 0.8% during the week to 1 May, to leave it lower by 42.5% over 12 months.
There were, as usual, ...
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