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Air Cargo Demand Rises in October, But Market Signals Caution
Global air cargo demand rose 4% year-over-year (y/y) in October. This stronger-than-anticipated performance comes despite reduced frontloading and the end of the U.S. de minimis exemption on August 29. However, capacity growth outpaced demand, increasing 5% y/y for the second consecutive month. As reported by Supply Chain Dive, it cited Xeneta’s Chief Airfreight Officer, Niall