News / Low volume growth and overcapacity decimates China's air cargo sector

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Slow volume growth combined with a rapid increase in capacity has led to a “terrible” year for China’s air cargo industry.

According to Scola Chen, team leader at Shenzhen-based agent Airsupply International Logistics Group, forwarders with block space agreements (BSAs) have “been through a difficult time.”

He explained: “Some companies have announced the cancellation of their annual meeting, annual travel is ruined and the annual bonus is also left hanging.

“This year some small bulk freight forwarding companies that did not sign too ...