Bangladesh readies new air cargo facilities after ban by India
After India cancelled the use of its transhipment facilities for Bangladesh cargo, the government decided ...
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By Alex Lennane
As forwarders report tightening capacity, the latest available data on the air cargo market continues to show strong growth.
June saw volume increases of 10.5% year-on-year, WorldACD reported, while yield worldwide rose 7%. It noted that the second quarter was the best in nearly seven years for volume growth, while yields rose 5.4% in US dollars, and 8.1% in euros.
Forwarders expect the market to remain strong for the rest of the year.
“We predict that the second half is going to see a proper, ...
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