This was not a good year for air cargo.
Globally, 2019 air cargo traffic has fallen year-over-year, with IATA expecting full-year air cargo traffic to decline by about 3.3%. But while IATA is forecasting growth of 2% in 2020, Cargo Facts Consulting’s expectations are more pessimistic, although there is upside for companies operating in the right business segments and markets.
Continue reading this analysis at Cargo Facts Consulting Insights.
Despite forecasted growth, air cargo traffic in 2020 should remain lackluster