Air, Freight News

Airfreight growth grinds to a halt

[ May 4, 2018   //   ]

The International Air Transport Association (IATA) said that global air freight demand, rose 1.7% by only in March 2018, five percentage points lower than in February result and the slowest growth in 22 months. It said the slowdown was due to the end of the restocking cycle, during which businesses rapidly increased their inventory to meet unexpectedly high demand and a softening of global trade.