Air cargo fell 17% in August, World ACD says

Staring staight at the nose of a 747 cargo jet under a bright sky with white clouds.

Global air cargo volume last week increased 3% while capacity remained flat, according to World ACD, a supplier of comparative market data.

The weekly snapshot underscores the trend since April of steadily improving cargo demand after the initial economic shock from the coronavirus outbreak and severely limited transportation space. Volume growth is expected to take off again with high demand for holiday merchandise, e-commerce and COVID medical supplies.

World ACD said demand in August fell...

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