The amount of global air shipments declined during the prior two months in line with slower economic growth and seasonal patterns, while a surprisingly muted post-shutdown recovery of Chinese manufacturing has dampened potential rate increases, according to new market data. More recent indicators, however, suggest the slack period could end soon.
Although weaker volumes combined with a gradual recovery in international passenger belly capacity put downward pressure on prices in June, air...
https://www.freightwaves.com/news/slide-in-air-cargo-volumes-rates-eases-amid-pent-up-demand