US Customs chaos means 'more downside risk than upside potential' for air cargo
Air cargo growth rate forecasts have been slashed, owing to the weaker economic outlook and ...
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By Alex Lennane
Severe congestion across major airports appears to be hampering air cargo volumes.
Dynamic week-on-week global load factors fell 1.5%, in the week to 10 November, according to the latest research from Clive Data Services.
The same week saw a 5.5% fall in global capacity, which should indicate higher load factors – but it seems demand fell.
While, anecdotally, forwarders are reporting strong demand for air freight as the peak season takes off, the data suggests congestion on the ground is curbing volumes.
“There is ...
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