Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
Cargo tonnage on all major airfreight lanes saw a downward trend as the Eurozone sank into recession, according to Liege Airport in Belgium.
Liege (LGG) is a major gateway for cargo in the EU and has seen volumes decrease this year in light of soft demand combined with a recessionary environment in the region, Frédéric Brun, head of commercial cargo and logistics, told The Loadstar.
“All markets are down, especially Japan, South America and Asian markets such as China.”
He sees ongoing transfer ...
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