Weak U.S. dollar contributing to higher air cargo demand from Americas
By SwizStick • Jul 26th, 2007 • Category: Air CargoIt certainly makes sense, exports have been rising thanks to stronger foreign currencies:
David Shepherd, BA World Cargo’s VP of commercial activities for the Americas, told IFW: “We are certainly experiencing better demand [from the Americas] than we were seeing last year, especially on some commodities.
“We have seen much stronger demand for perishables traffic, partly due to better growing conditions, but unquestionably it is also partly because of the weakness of the dollar.” But he said the bigger change had been a reduction in traffic in the reverse direction.
“We have seen less demand to the states than in previous years. I think we have companies in the US that are starting to source domestically because of the weakness of the dollar.” For the first time in several years, BAWC’s exports from the Americas have been outstripping inbound volumes.
Stumble it!
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