Supply chain giant Panalpina Group is cautiously optimistic about the airfreight market. Panalpina CFO Marco Gadola told ATW the market should show modest growth in the second half, but may be not enough as industry-wide problems such as excess capacity remain. “We anticipate in the third quarter we will see a pick-up” Gadola said. “We believe inventory levels are low; we believe consumption especially in the US will start to increase,” he said. “This ...

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