Cargo

Air cargo sees 5% decline in global tonnages for 2023

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Air cargo sees 5% decline in global tonnages for 2023

Global air cargo tonnages for the full year of 2023 were 5% lower than in 2022. Air cargo numbers have yet to see a significant uplift from the recent disruptions to container shipping in the Red Sea. However, there is likely to be some conversion of sea freight to air freight in the coming weeks if...

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