3D rendering of 2020 new year's date with shrapnel and antique mine, Cannonball instead of zero. There's radiation on the core. The idea of the threat of atomic war. Isolated on white background.
© Stanislav Chub

2017 and 2018 saw the airfreight market climb a cumulative 13.1% in terms of volume, with a 12.3% increase in yield in 2018 according to IATA, pushing the market beyond a $100bn valuation.  

This bullish attitude, as it always does in a runaway market, encouraged an outlook of perpetual, if slowed, growth: IATA forecast 3.7% growth from January 2019.  

Instead, 2019 has proved a veritable disaster (albeit with a smattering of success stories) – a deadly result of mixing the end of shipper inventory cycles, with a diverse range ...

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  • Fenny.min

    December 12, 2019 at 4:26 am

    I totally agree with the author. As a freight forwarder in China, I believe that 2020 will be a year full of challenges and opportunities.