Africa posts fastest air cargo growth against 3.3% global slump
Image source: [[gettyimages.com Gallo/Getty]]</span>The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne-kilometres decreased by 3.3% in January 2020, compared to the same period in 2019. “January marked the tenth consecutive month of year-on-year declines in cargo volumes. The air cargo industry started the year on a weak footing. There was optimism that an easing of US-China trade tensions would give the sector a boost in 2020. But that has been overtaken by the COVID-19 outbreak, which has severely disrupted global supply chains, although it did not have a major impact on January’s cargo performance,” says Alexandre de Juniac, IATA’s director general and CEO.
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Source: Logistics & Transport Kenya