Industry Analysis & Industry Trends
The Global Logistics – Air Freight industry rebounded from the global downturn during 2010 and returned to more sustainable growth of 7.7% over 2011. The industry transports mainly commercial cargo and is dependent on the level of international trade between countries as well as the transport of time-sensitive freight and mail. During the global downturn of 2008 and 2009, demand for goods and services weakened around the world. The low demand led to a fall in production activity in manufacturing giants such as China, and hence a drop in the quantity of goods traded. Overall, demand for airfreight declined considerably because of poor economic conditions. However, companies around the globe replenishing their stock over 2010 caused a rise in demand for cargo... read more
Industry Locations
Global airfreight operations are centered in North Asia, North America, and Europe, as air transport logistics are closely associated with levels of international trade.
North America
The US domestic market accounts for around 90% of the total air cargo traffic in the North America region. The market is predominantly made up by the express sector, accounting for 60% of the total domestic traffic. Over the past two decades, northbound traffic flows from the United States to Canada exceeded southbound traffic flows between the two countries. Industry sources revealed that northbound traffic is made up primarily of computers and industrial machinery whereas southbound products are mainly telecommunication equipment and electrical machinery... read more