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A fascinating article on LinkedIn neatly summarises the air cargo industry in 2019. One effect is a corporate ban on bonuses and travel, notes writer Fenny Min, following 10 months of losses for air cargo companies. She adds that a “blind policy” of expansion has led to more supply than demand, with the effect of rates as low as Rmb10 ($1.42) per kg on China-Europe. While there have been heavy losses, Ms Min noted that smaller forwarders, which did not ...

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