IATA to downgrade air cargo growth forecast 'to something more sustainable'
IATA’s air cargo 2025 growth forecast for yields and volumes is set to fall, after ...
Forwarders are predicting surging cargo volumes on the transatlantic air freight trade as US authorities lift the ban on travellers from Europe and carriers introduce more bellyhold capacity on passenger aircraft.
This capacity expansion could also soften rates, which have been at elevated levels during the height of the pandemic.
Andy Serpant, national airfreight manager at Europa Air & Sea, said he expected “a sharp recovery in volumes on the transatlantic route during the final months of 2021 and into 2022, as ...
European port congestion now at five-to-six days, and getting worse
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