IATA expects the U.S. air freight market to regain pre-pandemic levels in 2023, while China, which has remained much more firmly closed, to not get there until 2025. Bellyold capacity is already returning to normal levels in North American and European markets.
Philadelphia International Airport is just one of several North American airports seeking to roll out a community cargo system designed to connect air cargo stakeholders.
Retailers including Gap Inc. and American Eagle Outfitters are branching out into third-party logistics.
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