Trade Tensions Grounded Air Freight Growth in November

Global air freight demand was flat in November compared a year earlier–the slowest rate of growth since March 2016–following 31 consecutive months of year-on-year increases, the International Air Transport Association (IATA) said Tuesday. Freight capacity rose 4.3 percent year-on-year in November, the ninth straight month that capacity growth outstripped demand, according to IATA. The bottom…