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Air cargo to get marginally better in 2013

Wednesday, December 19, 2012

The global air cargo market is in flux heading into 2013. Uncertainty over the fiscal cliff makes predictions about domestic cargo nearly impossible, and the ongoing financial crises overseas is also muddying the path forward. According to preliminary year-end figures recently released by the International Civil Aviation Organization, cargo traffic fell by 1.2 percent this year, reflecting slower global trade growth than in 2011. The report found that Europe’s economic...

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