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Coronavirus Chipped Away at February’s Declining Air Cargo Demand

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

As the negative impacts of the COVID-19 crisis on air cargo demand were becoming visible in February, global air freight demand decreased 1.4 percent compared to the same time last year, according to new data from the International Air Transport Association (IATA). Adjusting for the impact of the Lunar New Year, which occurred in February…

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