'Alarming signals' as airfreight capacity rises and rates fall
If you thought the ocean market was poor, air cargo is faring even worse – ...
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By Alex Lennane
Peak season demand has filled ships and sent the idle fleet to a historic low. Inactive container ships now account for just 1.2% of the global total, after significant levels of scrapping earlier this year combined with high demand in the third quarter, according to Lloyd’s List Intelligence.
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