The launch of the 2M and 03 alliances in the New Year will boost capacity on the Far East-Mediterranean route by about 19 percent, triggering a battle for market share that could result in fresh rate reductions, according to Alphaliner.

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Cargolux continued its robust performance in November, flying a record volume of freight and bucking the downward trend in the European air cargo market.
The idle container ship fleet crept up slightly over the past two weeks but remains at a record low, according to Alphaliner.
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