Airfreight continues to grow, but at a slower pace than it recently has. Freight volumes are trending up at a 4-percent annualized rate, reports the International Air Transport Association (IATA). This is contributed to a strong consumer confidence and an ongoing upturn in the global investment cycle.
“This is well below the double-digit rates of 2016 and 2017 but is still faster than the average pace over the past decade,” IATA says.
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