Air freight rates fall on easing capacity-demand imbalance

June 2, 2020 Jun 02, 2020 1:54PM EDT

[caption caption="Virgin Atlantic is using its grounded passenger fleet to increase cargo-only flights by 35 percent to nearly 600 in June. Photo credit: Shutterstock.com."][/caption]Air freight rates on the China-North Europe and trans-Pacific routes have fallen off their mid-May record highs, a sign that demand for urgent medical supplies to fight...

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