Air cargo hits a significant rough patch

摘要

even for those of us who have been through several business cycles, in my case 40 years of cycles, the current coronavirus pandemic is a new experience. We're seeing reductions in passenger flights, and thus less aircraft cargo hold capacity, daily disruptions and serious concerns about employee safety. Unlike previous capacity and cost crunches, this time the challenges are very lane specific. In exporting countries with outages in manufacturing, there may be carriers scrambling to fill cargo planes. In countries where there's product to move, but no air capacity, the prices and schedules will be very challenging. Then there's the extra scrutiny at destination airports and disruptions in the land portions of the supply chain.