Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
As expected, IATA has downgraded its cargo forecast for 2019 from 2% to 0% growth. It is the second downgrade this year, after it cut forecasts from 3.7% growth to 2% in March.
As it noted, 2017 saw “exceptional” demand, with 9.7% growth followed by 3.4% in ...
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