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Article: TI Logistics Briefing & News: Air Cargo growth sees significant fall.
- Article from:
- M2 Presswire
- Article date:
- December 8, 2006
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M2 PRESSWIRE-8 December 2006-Transport Intelligence Ltd: TI Logistics Briefing & News: Air Cargo growth sees significant fall(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:08122006
Amid signs that the global economy's growth is moderating, some indicators of activity in the freight market suggest a fall in growth rates for logistics services.
IATA figures for October show a fall in year-on-year growth in air freight, from 4.9% in September to 2.3% in October. The annualised trend for 2006 is 4.9%. Of course it is foolish to put too much emphasis on one month's figures, but the decline of such size is worthy of note.
The underlying reasons ...