The International Air Transport Association (IATA) released data indicating that cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.9% year-over-year in August. Year-to-date traffic is down 3.3% y-o-y. The further decline in traffic from last month suggests that downward pressure on air cargo intensified in August, despite the modest uptick seen in July. Freight capacity rose 2.0% y-o-y in […]
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Chelsea Toczauer is the Associate Editor of the company’s daily news and monthly magazine Air Cargo World. She holds two BAs in International Relations and Asian Languages and Cultures from the University of Southern California, as well as a double accredited US-Chinese MA in International Studies from the Johns Hopkins University-Nanjing University joint degree program. Chelsea speaks Mandarin and Russian.