Asia Pacific air cargo figures suggest sustained regional recovery

According to the Association of Asia Pacific Airlines, the month of September showed a continued surge in cargo volume and traffic
By Patrick Burnson, Executive Editor
November 01, 2010 - SCMR Editorial

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

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Spot market freight volumes for the month of August remained elevated compared to seasonal norms, according to data issued this week Portland, Oregon-based freight marketplace platform and information provider DAT.

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

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