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Rates. A word that can strike fear into the hearts of shippers and carriers. (And one that can spell opportunities for forwarders.) While the shipping lines are seeing rates rise after a hellish period earlier this year, the air cargo carriers aren’t enjoying quite the same boost. Rates ex-China continue to be low ? and there are concerns that this isn’t going to substantially improve for carriers any time soon.

Part of the trouble is overcapacity. While several carriers, such as Cathay ...

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