News / 'Glorious' first quarter air freight to fade as west coast port operations take off

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The huge boost provided to air freight by the US west coast port congestion crisis has already begun to ease off, as port throughput performance begins to improve, according to UTi.

Figures out this week showed that February was a bright spot for the air cargo market. IATA reported an 11.7% rise in freight tonne kilomtres (FTKs), year-on-year, while WorldACD saw a rise of 8% in volumes. While yields fell 6.8% over the year, they increased 1.6% from January. Los Angeles ...