Air cargo market softens at end of Q1
Chargeable weight in combined Weeks 11 and 12 dropped 9% YoY
The air cargo market “unexpectedly softened” at the end of the first quarter, according to data publisher WorldACD. Worldwide air cargo tonnages dropped 4% from Week 11 (March 13-19) to Week 12 (March 20-26) according to the latest data from WorldACD. Fred Ruggiero, vice president cargo, Americas, for Cathay Cargo, attributed the slow start to […]
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