SVB collapse could cause ‘ripple effect’ on air cargo industry
Likelihood of impact ‘minimal,’ Airforwarders Association’s Fried says
Silicon Valley Bank’s collapse last week led to a weekend of frantic attempts from depositors to withdraw funds from the bank. While it does not appear any companies with direct ties to the air cargo industry were affected, the industry may still feel the effects of the second-largest bank failure in U.S. history. “Some of […]
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