Global airfreight saw its biggest year-over-year dip in three years this Feb., according to the International Air Transport Association. That means worldwide trade of some of the world's most valuable goods, which are typically moved by plane, sank. Air freight has been weakening since mid-2018 due to "protectionist measures and trade tensions," said IATA's director general and CEO in a statement. Air freight has been weakening since mid-2018 due to "protectionist measures and trade tensions," a...
A key measure of global trade just had its biggest tumble since 2015
Business Insider - 9 Mar 2019 01:18
Global airfreight saw its biggest year-over-year dip in three years this Feb., according to the International Air Transport Association. That means worldwide trade of some of the world's most valuable goods, which are typically moved by plane, sank. Air freight has been weakening since mid-2018 due to "protectionist measures and trade tensions," said IATA's director general and CEO in a statement. Air freight has been weakening since mid-2018 due to "protectionist measures and trade tensions," a...
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