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I wonder how many senior cargo executives at the world’s airlines realise that their industry body is advising a significant group of customers on how to realign their industry – which could result in them collectively losing $4bn in annual revenues.

But that’s the implication of today’s news in The Loadstar.

The container shipping industry continues to operate by the Bill of Lading, a paper document that once a shipment has been booked with a shipping line is issued to the shipper. ...

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