Cautious optimism for Asian cargo

3PLs

Friday, February 22, 2013

High-tech air cargo shipments on the Asia-U.S. lane are on the rise in the past few months after more than a year of sluggish activity. Although January activity was robust in anticipation of the Chinese New Year, analysts at Stifel Nicolaus warned against seeing too much into these robust numbers. Hong Kong Air Cargo Terminals and Asia Airfreight Terminals experienced a combined 18.9-percent, year-over-year, growth in January. This looks impressive, but is a bit...

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