Air cargo market: From ‘doom mongering’ to stability
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
The air cargo market has pulled out of its 1.5-year dive, but analysts say don’t be deceived by the slight seasonal improvement. Real growth is many months away.
The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.
Former U.S. Sen. Bob Corker, economist James Pomeroy and serial entrepreneur Gary Vaynerchuk headline three days packed with content covering global maritime logistics.
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