Airfreight industry watches for signs of midyear recovery

Air cargo ended 2022 on a weak streak that is expected to continue well into the first half of the year, with logistics companies hanging hopes for better demand on retail inventory clearance bottoming out by summer. 

Uncertainty is the watchword for 2023. Any progress in freight transport could be undone by a recession predicted by most economists or more unexpected geopolitical events.

Overall shipment volumes were down 8% in December versus the same period the prior year. More importantly,...

https://www.freightwaves.com/news/airfreight-industry-watches-for-signs-of-midyear-recovery

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