seabury

Shipping lines steal airfreight growth

The shift to ocean freight is costing the air cargo sector almost 2% a year’s worth of annual growth, according to research by Seabury Group and the International Air Transport Association (IATA). The study by the advisory services firm showed that air freight’s share of total global containerised or unitised cargo transported declined from 3.1% in 2000 to 1.7% in 2013, about a third of it due to ‘modal shift’ – ... [+]