News / Clouds may be gathering to darken the heady days of air freight growth

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Forwarders, scarred by 2017’s heady demand, may be block-booking air freight space for the second half of the year, but the pace of growth is slowing.

IATA today predicted that growth would be just 2% in the third quarter, down from 4% in the first half.

However, this month and early July could prove to be slight exceptions to the slowdown. The grounding of 11 Nippon Cargo Airlines freighters is thought to have helped send transpacific rates to their highest point this year.

According ...