Air freight volumes fall in June
The latest data released by the International Air Transport Association (IATA), shows that air freight volumes fell for an eighth consecutive month in June, amid business uncertainty and the ongoing trade tensions between China and the United States.
IATA said capacity growth remained subdued and the cargo load factor continued to fall as trade growth languished globally and the latest tariff increases in the US-China trade dispute that came into effect on June 1 compounded business uncertainty.