News / A 'slow June' as the air cargo market hovers, waiting for signs of recovery

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Industry sources are painting a mixed view of the current air freight market, revealing pockets of congestion, but no real recovery from the (relative) slump seen in May.

In fact, Clive Data Services revealed that China-Europe lanes saw a 20% fall in volumes in week three of June, compared with week three of May. Globally, however, for the same weeks, volumes rose 2%.

The TAC Index is showing little change in rates, confirming indications that air cargo is – as is traditional ...