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

As was the case for the second quarter, third quarter earnings results for publicly-traded less-than-truckload (LTL) carriers are again strong. Signs of solid earnings results from carriers that have posted earnings to date include tonnage increases, gains in weight per shipment and average daily shipments, higher yield, and revenue per hundredweight.

While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights. That was the thesis of a commentary written by Mark Montague, industry pricing analyst and chief market-watcher for DAT, a Portland, Ore.-based subsidiary of TransCore.

Earlier this week, FedEx said it is expanding its International First service for early deliveries with the addition of 31 new origin countries, which will bring the total number of origin markets for the service to 97.

Monday, December 22 is pegged as UPS's peak delivery day, as the company expects to deliver more than 34 million packages that day, adding that it expects to see six days in December top last year’s peak shipment day delivery record of 31 million packages.

The time has come again for less-than-truckload (LTL) general rate increases (GRI), with various carriers recently announced their respective rate hikes in recent days.

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