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What’s your source on air cargo not growing? I would have thought it was boom in with eCommerce going through the roof. (Perhaps the same amount of goods, but
by mathattack 6y ago
What’s your source on air cargo not growing? I would have thought it was boom in with eCommerce going through the roof. (Perhaps the same amount of goods, but distributed through many more packages)
- hdjdbtbgwjsn 6y agoBut the economy has nose dived. The amount of goods will have also decreased surely?
- howLongHowLong 6y agoMost intercontinental freight moves on boats. They can move orders of magnitude more than a plane.
- ddeck 6y ago[air] Cargo tonne km (CTKs) were down about 13% year on year as of July, but are recovering. You can find relevant charts here. https://www.aircargonews.net/airlines/iata/iata-outlook-cargo-is-following-a-fairly-typical-recession-recovery-cycle/ https://www.aircargonews.net/airlines/iata/iata-outlook-carg...
- _-___________-_ 6y agoThe measures taken by the governments of some large countries in response to COVID-19 have had pretty severe negative impacts on the economy of those countries, which would surely have a downward pressure on air freight. People who recently lost their job are unlikely to be spending up large on Amazon.
- eru 6y agoInterestingly, real disposable Personal Income per capita is actually up in the US. See eg https://fred.stlouisfed.org/series/A229RX0 https://fred.stlouisfed.org/series/A229RX0