Air freight volumes still experiencing turbulence as trade wars simmer

Air cargo volumes in the second quarter of the year contracted 5% compared with the first quarter of 2019.
Most major freight forwarders reported significant quarter-on-quarter traffic declines, according to new research from Transport Intelligence (Ti).
Ti’s Q2 Logistics Monitor noted that Panalpina, DSV and Ceva all reported 5% market volume declines during the period and suggested that, across the major forwarder segment that represents around 30% of the global air freight …

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Source: The Loadstar

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