STAGNATION IN AIR FREIGHT INDICATES WEAKNESS IN WORLD ECONOMY, SAYS OECD
January 7th, 2015
STAGNATION in international air freight traffic is not good news for the world economy, according to a new report from the Organisation for Economic Cooperation & Development’s (OECD) International Transport Forum.This ‘ITF Transport Outlook 2015’ noted that air freight tonnes transported to and from the EU and the United States declined strongly after the shock of 2008, then rebounded quickly reaching pre-crisis peak by early 2010. “However, since 2011, cargo volumes for both EU27 and the United States have stagnated slightly below pre-crisis levels. ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.