According to the International Air Transport Association (IATA), global air cargo volumes are projected to decline by 4 per cent in 2023 compared to the previous year. This downward trend which is attributed to the challenging economic conditions prevailing worldwide can be a problem for air freight forwarders. IATA’s latest forecast, released on Wednesday,…
Conqueror Blog
Tag: air cargo sector
Trends that will dominate the supply chain industry in 2023
In the last three years, the pandemic impacted the normalcy of global logistical operations as a result of which the supply chain industry had to contend with severe disruptions, container shortages, port congestion, hike in spot rates, and sudden changes in demand among other things. Right now we can confidently expect that the pandemic is…