While air cargo volumes diminished rapidly in March, new data for April offers some hope that leading economists are right and the decline in the global economy is ‘bottoming out’. For April as a whole, volumes declined 39% year-on-year, but an even greater capacity drop of 45% highlighted the current shortage of air cargo capacity, according to the latest industry intelligence from CLIVE Data Services. Its first-to-market week-by-week data shows air cargo volumes … [Read more...] about As economists predict global economy is ‘bottoming out’, do April’s air cargo volumes offer a glimmer of hope?