Airfreight to lead Asian trade recovery: HSBC
Airfreight will outpace maritime containers in freight volume growth as Asia makes a slow recovery out of recession, according to an industry analyst.
On the up: Airfreight sector expected to out-perform ocean transport
HSBC Global Research, which has upgraded its global economic growth forecasts, said year-to-date cargo volumes in Asia had been “miserable” and that airlines had out-performed the shipping sector by 30% in the past six months.
“This appears to suggest the long-awaited...
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