Tag: international

Revenues Soar as Capacity Remains Low: Air Freight in Q3

Market Update The first half of 2020 was a wild ride for the air freight industry. Due to passenger flight cancellations and capacity restraints, volumes fell harshly. However, industry-wide revenue was actually up because rates skyrocketed when capacity became so scarce. But, how did things turn out in the third quarter?  Situationally, not much changed. Capacity remained in a crunch, as did volumes. Due to the lingering...
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