Russia-Ukraine, soaring energy prices a ‘double whammy’ for stressed air cargo market

With heavy customer demand for faster delivery, the air cargo market may face a dilemma as the threat of a Russian invasion of Ukraine fans geopolitical tensions, and puts new strains on an already stressed worldwide supply chain.

An Eastern European conflict “won’t be good. Anytime you have geopolitical tension, it actually takes up a lot of demand for a lot of these air charters that exist,” Brian Bourke, chief growth officer at freight company Seko Logistics, told Yahoo Finance Live on…


Source link

About search

Check Also

These 3 stocks are poised to benefit from the massive energy transition – Yahoo Finance

These 3 stocks are poised to benefit from the massive energy transition – Yahoo Finance

[unable to retrieve full-text content]These 3 stocks are poised to benefit from the massive energy …

Leave a Reply

Your email address will not be published. Required fields are marked *