Air Freight Takes Flight

It is tough to dispute that 2010 has been a incredibly difficult year pertaining to transportation, freight, cargo and logistics industries. Most carriers, steam lines, railways, and truckers have been faced with reduced freight volume, lean earnings, and most have experienced tough layoffs. A single section of the marketplace has performed amazingly well on the other hand: Air Freight.

Air Freight volumes have increased almost 40 percent during the first six months of 2010. Global freight trends have suggested that Air Freight, and Freight Forwarding have skyrocketed at nearly triple the rate of ocean forwarding (ship cargo) for the first half of 2010, at the delight of the majority of air freight management. Nearly all freight forwarders would certainly embrace the steep rise in volume following 2009 which turned out to be a year of reduction in shipping and freight tonnage.

Transport Intelligence has announced that Air Freight is increased over 38% in the course of the initial six months of 2010, while Ocean Freight Forwarding is increased only 13 percent. Even though most would likely accept any optimistic increase in volumes at this time, the fact that Air Freight reported such considerable increases relative to Ocean Cargo leaves the marketplace in a holding pattern when waiting to observe if freight distribution may come back to to a lot more historical levels. Transport Intelligence believes the actual increase in all these trends followed by freight carriers and cargo ship lines decision to minimize capacity will be definitely putting tension on shippers and their third party logistics companies to pay greater costs of operations. Transport Intelligence’s Report may be found here (http://blog.freightaccess.com/2010/08/annual-global-freight-forwarding-report-2010-from-t-i/).

The Annual Global Freight Forwarding Report by Transport Intelligence noted a strong increase in volume with regard to the transportation marketplace felt by freight carriers, which actually followed a 23 percent drop in 2009 from 2008 shipment volumes. It appears this unpredictability in cargo volume has not been simple to accept for freight forwarders and cargo carriers. Only just six months ago a lot of of these third party logistics providers and airlines had been worried about how to maintain operations at trim staff levels and now many are actually slammed with far more shipments they may handle with remaining resources.

The freight marketplace is anticipating a balancing time period back to more historical freight volumes and absence of this kind of volatility. Most manufacturers have forgone classic supply chain inventory because of to a range of aspects such as absence of accessible enterprise funds. The shortage of inventory helps to clarify the increase in air freight traffic. It appears that inventories may come back to regular levels through the next few years. Transportation Intelligence thinks it will require until 2013 to be able to come back to pre-2013 levels especially in Europe.

Improved Security of Freight Cargo presents little problems throughout initial week of enforcement.

This week, the national legislation requiring 100 percent scanning of air cargo moving on passenger aircraft went in to effect. Many Freight Forwarders felt little if any impact, as a lot more than 95 percent reported no troubles throughout this first week. Much more than 709 surveys had been sent to the Air Freight Association looking to gain feedback regarding the ease of integration. Simply five percent of participants noted significant difficulties adhering to the new legislation, which in turn were not correlated to any particular airline nor any airport.

The changeover came at a really beneficial period for the air freight industry as August is generally a slow month for airlines and freight carriers. The AFA attributes this smooth transition to the educational efforts and preparedness procedures put forth by the AFA, federal government, and numerous freight forwarders to make certain integration has been done correctly.

http://blog.freightaccess.com/2010/08/air-freight-takes-off-for-carriers-and-3pls-in-2010

By Brad Hollister
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Author Bio: Brad Hollister is the Director of Business Development for Freight Access, Inc.. Brad Hollister enjoys Marketing with Entrepreneurs, and learning about fresh business Opportunities. His professional concentration on the freight and logistics marketplace as well as assisting non-profit businesses. www.freightaccess.com : The air freight market has

Category: Business
Keywords: freight, loads, cheap freight, loadboard, trucking, freight forwarding, international freight, cargo