Subscribe to our free, weekly email newsletter!


Asia Pacific air cargo figures suggest sustained regional recovery

By Patrick Burnson, Executive Editor
November 01, 2010

U.S. retailers and manufacturers continue to increase their reliance on air cargo from Asia, said a leading supply chain authority.

According to the Association of Asia Pacific Airlines (AAPA), the month of September showed a continued surge in cargo volume and traffic.

“Freight markets remained robust as the economic recovery maintained its momentum,” said AAPA spokesmen.

International air cargo demand increased by 18.5 percent compared to the same month last year, while freight capacity expanded by 19.3 percent, resulting in a 0.5 percentage point decline in the average international cargo load factor to 67.9 percent.

“Asian economies have been leading the way out of the global downturn, and this has resulted in a tremendous boost to the fortunes of carriers across the region,” said Andrew Herdman, AAPA Director General.

“Over the past nine months, we have seen a dramatic 30.2 percent growth in international air cargo traffic, compared to the same period last year.”

The International Air Transport Association (IATA) came to a similar conclusion late last month when it announced a modest global uptick in freight traffic led by Asia Pacific carriers. IATA recorded a 15.0 percent increase in freight demand over the previous year, a finding that came as scant surprise to U.S. shippers.

“We modest, but sustained growth in the region,” said Brandon Fried, executive director of the Air Forwarders Association. “On the outbound side, the nation’s entertainment and high-tech industries are reporting good numbers.”

Both Fried and Herdman noted that Asian consumers are already displaying confidence in the future—in marked contrast to the U.S.

“The overall outlook for Asian carriers remains very positive over the next 12 months,” said Herdman, “with prospects for further sustained growth in demand in line with established long term trends.”

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Department of Commerce reported that January retail sales were up 0.2 percent compared to December and up 3.7 percent annually at $449.9 billion, and the NRF reported that January retail sales, which exclude automobiles, gas stations, and restaurants, rose 0.6 percent over December and 1.4 percent compared to January 2015.

On the freight shipments side, Cass reported that January shipments––at 1.025––trailed December by 1.3 percent and January 2016 by 0.2 percent. These declines were less than the 4.9 percent drop from November to December, though, and January shipments still topped the 1.0 mark for the 65th straight month in December.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) saw a 0.4 percent decline from November to December, its second straight decline on the heels of a 1.0 percent decrease from October to November.

Carloads saw a 11.7 percent annual decline at 241,680, and intermodal containers and trailers rose 10.5 percent to 262,830

An amendment to the International Maritime Organization’s Safety of Life at Sea convention will go into effect requiring all shippers (importers and exporters) to certify and submit the Verified Gross Mass – the combined weight of the cargo and the container – to the steamship line and terminal operator in advance of loading the container aboard a vessel.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA