PRESS RELEASE
Global air cargo volumes and spot rates edged up marginally in October, but overall demand remained muted, diminishing hope of a traditional year-end revenue boost for airlines and freight forwarders, according to Xeneta’s latest weekly market analysis.
Latest industry data shows a 2% month-over-month improvement in airfreight volumes in October, which was sub-seasonal compared to the previous five years, while general air cargo spot rates edged up 2% versus September …
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