US airfreight may decline in 2H 2022
Import and export activity could slow amid global manufacturing reduction
U.S. airfreight import and export volumes are correlating with the manufacturing purchasing managers index (PMI). While the U.S. manufacturing PMI has been in continual growth territory (i.e. above fifty) for 25 months, momentum has decreased in recent months. Overall, U.S. air trade is up 12% for the first five months of this year but our […]
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