As expected, growth in the global air freight market returned to modest levels in March, with a cumulative 1.6% year-over-year (YOY) increase in traffic, according to IATA’s March Air Freight Market Analysis. IATA revised February’s YOY rise in air cargo traffic to 12.2%, a temporary spike reflecting the result of Lunar New Year traffic combined with the since-resolved labor dispute affecting 29 US West Coast shipping ports, which caused Asian auto manufacturers to ship parts to ...

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