Air cargo slumps
Thursday, December 01, 2011
   The air cargo market has tapered off substantially this year after a strong rebound in 2010.     September was the fifth straight month that freight volumes contracted. Air freight was down 2.7 percent compared to September 2010, after declining 2.4 percent in August, according to the International Air Transport Association.    The direction of air freight is the opposite of passenger traffic, which picked up 5.6 percent from the prior year and improved from August’s 4....
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