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Sluggish air cargo activity ahead in 2013

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Friday, January 04, 2013

Worldwide air freight rates activity dragged in 2012 with supply surpassing demand in key regions throughout the world, depressing air freight rates in notable lanes. For the new year, two officials in the industry don’t see much change ahead. Gene Ota, director of product management for APL Logistics, said his clients think air freight rates will remain somewhat flat. “They’re not expecting any huge increases,” he told American Shipper . “As far as capacity and the ra...

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