Cargo

Air cargo tonnages plunge during Lunar New Year holidays

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Air cargo tonnages plunge during Lunar New Year holidays

Worldwide air cargo tonnages had plummeted in mid-February due to Lunar New Year holidays in China and across East and Southeast Asia, WorldACD Market Data said. Global tonnages dropped 16% in week 8 (February 16-22), following a 5% decline in the previous week. This result was largely expected wit...

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