Data released by the International Air Transport Association (IATA) show global air cargo traffic in July dropped 13.5 percent compared to last year, which was a mild improvement from the 17.6 percent shortfall in June.  Air cargo traffic for July was weaker than expected, but new export orders and manufacturing output are indicating signs of improvement for air cargo in the coming period.  The Purchasing Managers’ Index (PMI)—an indicator of economic health in the manufacturing … [Read more...] about IATA: Air cargo steadily recovers as manufacturing output and export orders pick up