The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.8% in November 2016 compared to the year-earlier period. This was a slight slowdown from the 8.4% annual growth recorded in October 2016 – which was a 20-month high – but was still more than 2.5 times the average annual monthly growth rate of 2.6% over the past decade. Growth in freight capacity, measured in available freight tonne kilometers (AFTKs), slowed to 4.4% November. The uptick in freight growth coincides with an increase in the shipment of
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