Airports See 2.2% Decline in Air Freight in February
For the month of March, air freight growth was in negative territory at -2.2%, according to the Airports Council International, after showing year-to-year growth in February. As a result, it said, the overall global growth trend in air freight continues…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
to be negative. Europe’s economic slowdown has significantly impacted global trade, with a year-over-year decline of -4.3%. Frankfurt had a decline of 11.3%, Paris 9.7%, and Amsterdam 3.2%. On a global level, 14 of the world’s top 20 high-volume freight airports experienced year-over-year declines, ACI said.