A 'dead cat bounce', as freight goes from rules-based to deals-based trade?
It’s not artificial intelligence we should be worrying about right now: it’s an artificial freight ...
© Pierre-yves Babelon
By Alex Lennane
The air freight market saw rare growth of more than 3% last year, according to figures released today.
IATA’s freight tonne kilometre (FTK) measure shows growth of 3.8% – nearly double the average rate of 2% over the past five years.
WorldACD shows chargeable weight growth at 3.1%, with direct tonne kilometres (DTK) up 3.4% in 2016.
And the consultant noted that, excluding Q1 – distorted by 2015’s transpacific boom caused by the west coast ports crisis – weight growth rose 4.4%, while DTKs grew 5.2%.
Q4 saw the best quarterly performance seen since 2010, with ...
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