Expect a shift in airfreight market as ecommerce changes tack
Airfreight shippers should expect to see market shifts as ecommerce players change strategies. While the ...
IATA has downgraded its projected growth figures for air cargo by nearly half, following a poor start to the year.
The association now predicts growth of just 2% for 2019, down from 3.7%, while others are even more pessimistic.
One senior analyst told The Loadstar he thought gtowth would more likely be flat or 1%, while a chief executive believed the industry would “be lucky to reach 2%”.
Brian Pearce, chief economist for IATA, said: “Two percent is quite a significant downgrade from what ...
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