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Trade Turmoil is Grounding Global Air Freight Demand, and the Decline Will Continue

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Global air freight demand dropped 4.5 percent in September compared to a year earlier, marking the 11th consecutive month of year-on-year decline in freight volumes, the International Air Transport Association (IATA) said in its monthly analysis. The current streak of monthly decreases is the longest since the global financial crisis in 2008. Freight capacity rose…

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