Chinese New Year, U.S. port delay boost Feb air freight

April 1, 2015 8:54 AM

3 0

BERLIN, April 1 (Reuters) - Global air freight volumes rose 11.7 percent year-on-year in February, driven by the Chinese New Year, the International Air Transport Association said on Wednesday.

Freight volumes traditionally increase in the weeks leading up to the holiday, which last year occurred in January, while congestion at U.S. ports also boosted the results.

Also read: Fed Beige Book Shows ‘Mostly Positive’ Outlook for U.S. Economy

Read more

To category page