Air cargo plays vital role in U.S. export agenda

According to Ray LaHood, DOT was doing its part to build a transportation system that supports President Obama’s export goal.
By Patrick Burnson, Executive Editor
October 08, 2012 - LM Editorial

The U.S Secretary of Transportation told delegates at the 26th International Air Cargo Forum & Exposition in Atlanta, Georgia last week that a healthy air cargo industry is essential in helping the U.S. government achieve its goal of doubling U.S exports by 2015.

According to Ray LaHood, DOT is doing its part to build a transportation system that supports President Obama’s export goal. This includes the recent creation of a new Freight Policy Council, a high level and multi-modal internal body that will help to develop a national plan to improve freight movement. In addition, he said the new “Moving Ahead for Progress in the 21st Century” transportation bill signed into law this summer by President Obama gives DOT $1.75 billion for its TIFIA loan program that can be put to work to improve the nation’s intermodal freight network.

As reported here, President Obama set out a five-year goal to double U.S. exports by 2015. That was two years ago.

Presently, air cargo now accounts for 31 percent of the total value of U.S. exports

LaHood added that the DOT is working hard to secure “additional market openings for U.S. cargo companies around the world, but there is considerable work left to be done:

“We know that some foreign governments are still practicing protectionism…to the detriment of many.”



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

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

Article Topics

Blogs · Air Freight · Air Cargo · Trade · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA