News / Air cargo market still weakening while players search for optimism

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News that airlines are starting to park some freighters due to weak demand has been underlined by rate data showing further falls – and any hopes that a long port strike in Canada may boost demand have been dashed.

Volumes and rates dropped again at the start of July: week 27, to 9 July, saw a 4% fall in tonnage versus the week before, while rates globally fell an average of 1%, according to WorldACD. For the fortnight ending 9 July ...