Posted February 12, 2009 11:15 AM
By Jake Reppert
Air freight has long acted as a bellwether for passenger traffic, with trends generally appearing in the freight sector around a year before they’re seen in the passenger sector. Although not an exact science, the freight sector acted as an early warning that the current downturn was around the corner. As we go through the current cycle its likely that air freight, which is so closely tied to the business cycle, will signal further declines, and eventually an upturn in global trade.