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air cargo outlook

Eric Kulisch Thursday, June 2, 2022

Air cargo market fades 7% in May, faces summer of uncertainty

The air cargo market continues to lose altitude in the face of an overall economic slowdown and supply chain dislocations. Whether swiftly changing conditions enable airlines’ cargo business to swing it back to positive territory this summer is an open question. Air freight volumes tumbled 7% in May versus 2021, replicating April’s slide, as the […]

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Emily Ricks Monday, March 16, 2020

This Week’s Forecast March 16-20, 2020

Tender rejections: After increasing from 6.52% to 8.91% last week, we expect national rejection rates to continue to rise but at a slowing pace in the coming week as carriers struggle to recover from spiking demand. Manufacturing outlook: The coming week will give a refresher for industrial production. Manufacturing is plagued by a lack of […]

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Emily Ricks Monday, March 9, 2020

This Week’s Forecast March 9-13, 2020

Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]

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Emily Ricks Monday, February 17, 2020

This Week’s Forecast February 17-21, 2020

Manufacturing outlook: The coming week will give some insights into the outlook for manufacturing activity in the Northeast region via the Empire State Manufacturing Index. The overall segment remains depressed and sustained rise is not expected through the first quarter. Construction outlook: There will be updates for housing and construction from housing starts, building permits, […]

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