WorldACD, Drewry say coronavirus hindering airfreight growth

According to their individual reports released for January 2020, WorldACD and Drewry agree the novel coronavirus (COVID-19) will likely block the industry’s return to growth until it is effectively controlled. According to WorldACD, airlines suffered a year-over-year decrease of 5.8% in chargeable weight for air cargo, combined with a decrease in YoY yield of 5.6%. […]

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