WCS 2021: Ocean congestion presents economic opportunity for air cargo

Photo/Cathay Pacific

DUBLIN – Necessary replenishment of low inventory levels presents a significant economic opportunity for air cargo, despite the ongoing capacity shortage from 2019 levels, due to even worse congestion in ocean freight. Schedule reliability for ocean carriers has declined steadily since the pandemic began, with the share of trips meeting their schedule falling from 73.7% […]

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