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Q3 earnings overview and peak season outlook
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In this episode of “On Air with Air Cargo World,” Editor Caryn Livingston speaks with Cathy Morrow Roberson, founder of Logistics Trends & Insights, about third-quarter foreshadowing of the 2021 peak season expectations.
Q3 brought more strong earnings reports from major integrators benefitting from the hot e-commerce market. Freight forwarders also extended their prior solid performance, as the early Q3 avoided the typical summer slump due to global supply chain disruptions encouraging modal shifts to air. Combination carriers also saw some relief in Q3 earnings, as travel restrictions loosened and additional passenger flights — and bellyspace — returned to the market.
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