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Why Air Freight Is On a Year-Long Decline in Demand

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Marking a weak start to the traditional peak season for air cargo, global air freight demand decreased 3.5 percent in October compared to a year earlier, according to a new report from the International Air Transport Association (IATA). This was the 12th consecutive month of year-on-year declines in freight volumes. IATA noted. Freight capacity rose…

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