What is new in the air cargo and air freight industries? Global Trade has the answers – check out the industry news and trade articles.
Air Cargo accounts for a relatively small percentage of world trade when calculated by overall volume (approximately 10%). However, when the type or value of products being transported is taken into account (technology, business services, pharmaceuticals), its importance significantly increases. If something needs to be where it’s going quickly, especially when the destination is international, air cargo plays an essential role in that supply chain. High-speed delivery has become essential to our economy, as more companies opt to receive goods and bring them directly to market, thus avoiding costs associated with inventory, warehousing and logistics. Air cargo reduces the 30-day shipping time of ocean transport to less than 48 hours. When fruits, vegetables and flowers need to be sent from remote agricultural reasons to major cities around the world, companies rely on air cargo to deliver these products on time. That capability has also been a boon to economic development in the places where these perishable goods are produced.
Supply, Demand, and the CPI Are Among the Key Indicators
If you’re familiar with the study of macroeconomics, you’ll know that this relates to the core economic factors that impact… Read More
Fort Worth Alliance Airport, the world’s first industrial airport designed for cargo and corporate aviation traffic, has completed its highly… Read More
Amsterdam Airport Schiphol is increasing trust and transparency in the supply chain by linking flower shipment data to Air Waybill… Read More
New York-based developer Triangle Equities recently announced the $25.4 million acquisition of a development site located near John F. Kennedy… Read More
Budapest Airport processed a record 127,145 tons of cargo in 2017, up 13.4 percent on the previous year, and 39.1… Read More
Arizona will be home to SkyBridge Arizona, the nation’s first international air cargo hub to house both Mexican and US… Read More
Tigers has expanded into a larger facility in Dallas, Texas, complete with a temperature-controlled area, as part of ongoing global… Read More
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