Freight Forwarders and Air Cargo Carriers See Shipment Volumes Spike 38% in 2010

Air Freight Sees Spike of more than 38% in 2010. www.freightaccess.com :
By: Brad Hollister
 
Aug. 20, 2010 - PRLog -- It's tough to disagree that 2010 has become a really tough year pertaining to transportation, freight, cargo and logistics industries. Most carriers, steam lines, railways, and truckers are already faced with decreased freight volume, lean earnings, and nearly all have experienced hard layoffs. A single section of the marketplace has performed surprisingly well on the other hand: Air Freight.

Air Freight volumes have escalated nearly 40 percent through the first six months of 2010. Global freight trends have suggested that Air Freight, and Freight Forwarding have exploded at nearly triple the level of ocean forwarding (ship cargo) for the initial half of 2010, at the satisfaction of most air freight professionals. Most freight forwarders would certainly embrace this sharp increase in volume after 2009 which proved to be a year of contraction in shipping and freight tonnage.

Transport Intelligence has reported that Air Freight is increased more than 38% throughout the initial six months of 2010, while Ocean Freight Forwarding is up just 13 percent. Despite the fact that most would certainly embrace any kind of good move in volumes at this time, the actual point that Air Freight reported such significant increases in comparison to Ocean Cargo leaves the marketplace in a holding pattern when waiting in order to watch if freight distribution may return to more traditional levels. Transport Intelligence is convinced the actual increase in all these trends followed by freight carriers and cargo shiplines decision to limit capacity is definitely placing 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-freig...).

The Annual Global Freight Forwarding Report by Transport Intelligence spotted a strong increase in volume with regard to the transportation marketplace experienced by freight carriers, which followed a 23 percent decline in 2009 from 2008 shipment volumes. It seems this unpredictability in freight has not been easy to accept for freight forwarders and cargo carriers. Only just six months ago a lot of of these third party logistics providers and airlines were worried about just how to maintain operations at lean staff levels and now many have been slammed with far more shipments than they may handle with existing resources.

The freight marketplace is anticipating a leveling time period back to more traditional freight volumes and absence of such volatility. Most manufacturers have forgone conventional supply chain inventories because of to a variety of aspects including absence of available enterprise financing. The lack of inventory helps to clarify the increase in air freight traffic. It appears that inventories may return to normal levels through the next few years. Transportation Intelligence believes it may require until 2013 to come back to pre-2013 levels particularly in Europe.

Increased Security of Freight Cargo poses little difficulties throughout first week of enforcement.

This week, the federal regulations requiring 100 percent scanning of air cargo flying in passenger aircraft went in to effect. Many Freight Forwarders felt little if any impact, as much more than 95 percent report no difficulties during this first week. Much more than 709 surveys were sent to the Air Freight Association looking to gain feedback concerning the actual ease of integration. Just five percent of participants noted significant problems adhering to the new laws, which were not correlated to any particular airline nor any airport.

The transition came at a specifically excellent 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 readiness procedures put forth by the AFA, federal government, as well as many freight forwarders to make certain integration has been done correctly.

FULL STORY HERE



By Brad Hollister
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Source:Brad Hollister
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