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Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors

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Information about Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors
Business & Mgmt

Published on March 4, 2014

Author: craigraucher

Source: slideshare.net

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Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors
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Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors

Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors Craig Raucher has more than 30 years of leadership experience in the transportation industry with companies such as Corporate Express Delivery Systems and Total Freight Solutions Global. With the latter firm, Craig Raucher oversaw a diverse range of services that included domestic and international airfreight and bulk delivery.

Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors The airfreight cargo industry has experience weakness in the past several years, reflecting an overall decline in economic activity. Airfreight is relatively expensive compared to land and marine shipments, and thus vulnerable during times of economic downturn. With Germany a primary driver of European express shipments, Leipzig/Halle Airport has witnessed growth in certain niche areas such as large animals and oversized/heavy duty equipment. On the other hand, faltering shipments from China continue to be a major contributor to decreased worldwide airfreight cargo transport.

Airfreight Trends: Still Sluggish, with Cargo Growth in Some Sectors Japan has recovered slightly from a downturn related to the 2011 earthquake and tsunami through a strategy of filling gaps in airfreight shipments with transit cargo. One area of sustained growth in the airfreight industry is pharmaceutical products. A key driver is supply chain and quality managers’ focus on the timely delivery of premium products, with minimal handling risks. Auto industry shipments are also up significantly and reflect a return to “business as usual,” following a bottoming-out of the industry in 2007.

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