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The air freight market is finally beginning to pick up after a lacklustre start to the year and the inevitable slump caused by Chinese new year. Carriers are now reporting that the soft m market is beginning to turn.

While many European cargo carriers are revealing little in advance of reporting their financial results, January and February were demonstrably weak – and the traditional pre-Chinese new year build-up failed to provide decent yields as rates fell.

Last month, Drewry’s Air & Sea ...

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