The peak was not the peak season that was hoped for in November as air cargo demand fell 1 percentage point year-over-year. Air cargo saw the first decline since the road to recovery started six months ago, according to the latest industry statistics from analysts CLIVE Data Services and TAC Index. From a low of -37 percent in April, the gap in year-on-year air cargo volumes has been steadily closing in the subsequent months to the end of October, when margin versus 2019 volumes had reduced … [Read more...] about Air cargo demand stalls in November
air cargo recovery
TIACA chairman says air cargo well positioned
Air cargo can emerge from the global economic crisis in a stronger position than other transport modes as manufacturers rethink their production and supply chain strategies, says the chairman of The International Air Cargo Association (TIACA), Ulrich Ogiermann. Manufacturers and other businesses will be more reluctant than ever to tie up vast investment in stock, taking them back to the principle of ‘just-in-time’ production, he said. This, he added “demands the speed, … [Read more...] about TIACA chairman says air cargo well positioned