A new age for baggage tracking 14 opinion innovation is not a choice, says iatas tim grosser 16 innovations reach for the stratosphere. Com adds air cargo market demand, growth, opportunities and analysis of top key player forecast to 2024. The recovering economies of the latin american countries, like brazil and argentina, boost air cargo. The air cargo market is witnessing robust growth owed to growing instant shipment and delivery demands from ecommerce and just in time manufacturers. Air cargo is cautiously looking for a mild 2% turnaround on volumes in 2020, according to the. To receive the trends every month by email, please click register. The global market for air cargo is expected to grow at a significant rate during the. The air cargo industry changed considerably over the past few decades. As all trade involves transport, mostly by cargo ship, but also by air, transports add considerably to overall emissions growth incurred in production shifts.
Worldacd points out that september 2016 saw volume growth of more than 5% yearoveryear yoy, a level not seen for two years in the beleaguered air cargo world. Chapter 2 air cargo trends and overview introduction this chapter provides an overview of the u. What are the trends in air cargo and logistics in 2019 and what improvements does the industry need. Air cargo logistics in india page 7 of 119 foreword air cargo logistics play a vital role in the economic development of a nation. Current state of the air cargo industry heading into 2018. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Air cargo trends, challenges and opportunities gordon wright, head, cargo border management, international air transport association.
Trade wars, recent worldacd reports and the impending finale of brexit have instilled uncertainty into the market, but the outlook for this year still suggests growth we at air cargo world, have chosen the top five airfreight trends we expect we will hear about the. Worldacd has the worlds largest air cargo market database. Global air freight industry growth, trends, and forecast. The recovering economies of the latin american countries, like brazil and argentina, boost air cargo trade between the two regions.
Historically, the air cargo industry has used manual processes to negotiate and distribute rates, submit airway bill information, verify surcharges and make bookings. Recent north america trends this chapter identifies air cargo operators, top north american air cargo airports, and trends affecting the industry since its peak in 2000. Air cargo market 2019 global analysis, opportunities and. Global air cargo market 2018 industry analysis, size, share. It is released each year for iatas annual general meeting taking place early june. Moreover, an insight is provided into the current air cargo market, including traffic levels and different types of actors and traffic flows. Air cargo traffic fell in february as coronavirusrelated factory closures and travel restrictions began to hit the market. Air cargo market analysis share, growth, trends and future. Figure 71 trend in domestic scheduled air freight activity in the united states. Experts agree on the following trends for the air cargo sector. Strategic trends in air cargo international civil aviation. Air cargo industry forecasts for 2020 are now out and company revenue budgets are locked in. Air cargo software efreight software cargo booking.
Atlas air donates transport for critical ppe to nyu langone health. Iata cargo strategy august 2015 page 3 executive summary iata is the trade association representing approximately 250 commercial airlines worldwide, accounting for more than 84% of total air. How the air cargo industry can use technology to reinvent. Air traffic growth trends during the period 1991 to 1996, air traffic in the asian and pacific region grew at a much faster rate than the rest of the world, continuing the pattern experienced for most of the 1980s. Capacity constraints at londons airports, however, are not the only factor holding back air cargo growth. Cargo yield represents the average fare paid by customer to transport one ton of freight and mail on one cargo revenue mile. Companies in the sector must become as agile as possible, maintain air freights speed advantage, and deepen their partnerships. Capacity growth has now outpaced that of demand for the last 12 months. The shipper needs the commodity to be sent anywhere in the world at a low cost and at the required service level.
Impacts on the air freight industry, customers and associated. The air cargo industry may have reached a crucial point where a fasttrack approach to digitalization is required to keep. The air cargo industry has gone from dejection to elation in just a year, said analyst worldacd in its latest report, covering september. Estimated average endtoend shipper to consignee air cargo transportation time 5. Mar 10, 2020 cargo yield represents the average fare paid by customer to transport one ton of freight and mail on one cargo revenue mile. That document was a collaborative effort by member airports and associate members that produced a high. Air cargo is cautiously looking for a mild 2% turnaround on volumes in 2020, according to the international air transport association iata, after its worst year since 2009. The 20year freighter forecast is the worlds only independent freighter fleet assessment, and this forecast includes data for expectations globally, as well as in asia.
Or for other companies in the sector shipping business, customs offices and organization of freight traffic. In august this year, the leadership of finnair cargo passed over to mikko tainio, former head of finnair kitchen. A longserving employee and executive of finnair, he brings considerable experience and a proven track record to air cargo. Forecast air cargo industry trends will present the market drivers, constraints and growth opportunities. Forecasts until 2023 are made based on a number of scenarios for the main determinants of air cargo demand. While the worlds airlines are posting an impressive revenue. For a large number of markets, worldacd is the prime source of cargo market information. Air cargo transport involves a series of services from origins to destinations to move cargo through a shipper, a forwarder, a road transporter or trucker, an airline or carrier, and a consignee derigs et al. Global air cargo market trends, analysis and forecast. Readers central is the best place to download free pdf or zip ebooks, or read online ebooks air cargo industry in hong kong ebook download in pdf, fb2, epub, mobi readers central.
Growth in air cargo anticipated to exceed passenger traffic growth in every major regional market forecasts anticipate the addition of more than 2,600 freighter airplanes by 2019, as nearly 1,100 current. Air cargo volumes have been volatile in 2019, due to the timing of chinese new year and easter, but the trend is clearly downwards, with volumes around 3% below the august 2018 peak. This air cargo guide is an updated and expanded edition of the original air cargo compendium. Us airline pounds of total, domestic and international freight by service class, carrier, origin and destination airport, origin and destination city, state, distance group t100. Top 5 airfreight trends to expect for 2019 air cargo. Top 10 air cargo companies market trends experts agree on the following trends for the air cargo sector. Every january brings with it anticipation of the months to come and what they hold for airfreight logistics.
Pdf air cargo market assessments and forecasts researchgate. Air cargo transport enables nations, regardless of their geographic location, to efficiently connect to distant markets and global supply chains in a speedy and reliable manner. But air cargo is as vitalperhaps moreto the global economy. International air transport association iata projects. Those robust yearoveryear monthly gains in air cargo volumes that became the new normal over the last year might prove a little more elusive in the months ahead, starting this september according to cargo facts senior editor david harris.
Air cargo industry overview the air cargo market experienced strong demand growth in 2017 growth which is continuing into 2018. Review and analysis of air cargo facilityrelated airport master plans. The market size region gives the air cargo market share incomes, covering both the historic growth of the market and forecast during 2024. With the growing ecommerce trends, the demand for the air cargo services is increasing significantly and more cargo is moving across the north american. The forecast summarizes the worlds major air trade markets, identifies major trends, and presents forecasts for the future performance and development of markets, as well as for the world freighter airplane fleet. Although some uncertainty now surrounds the future of international trade flows, demand for air cargo has been set for change, above all, because shippers are. Mailing a pdf or sending a fax is no longer enough. Sustaining enough aviation capacity to meet future air freight demand is the first step in encouraging future trade growth. Only a fraction of todays air cargo shipments are booked electronically most are made by telephone calls. However, as internet retailing took off in the early 2000s, this trend reversed as inbound air cargo volumes. Air cargo market analysis trends and future prospects 2.
Guidebook for air cargo facility planning and development. Global air freight industry growth, trends, and forecast 20182023. Task 1 overview of air cargo industry and trends air. Apr 04, 2019 air cargo market analysis share, growth, trends and future prospects 1. The air cargo market is characterized by both fierce competition and excess capacity. During the last decade, air cargo traffic has shown an annual average growth rate of 3. In that scenario a consistent yearly average growth of 3. Global air cargo market size, share 2020 industry analysis by. Asia will continue to lead the world in average annual air cargo growth, supported by fastergrowing economies and expanding. By the late 1940s, the air freight market was dominated by established pas senger carriers. Air cargo is a concept when transportation of any good or commodity is to be carried out in an aircraft. Trends lets defeat disruption weighing up new and advanced systems 9 technologies the big picture provided by airport control centers 12 technologies a resolution for baggage.
The objective of the program has been to recognise both the principaltoprincipal contractual relationship that exists between the airlines and. Global air cargo market trends, analysis and forecast till. The iata cargo handling manual ichm is a complete set of standards for everyone involved in cargo operations that aims to help airlines and cargo handlers to operate more effectively together, to improve efficiency and safety in air cargo operation s. We issue the biennial world air cargo forecast wacf to provide a comprehensive overview of the air cargo industry. Iata air cargo demand continues negative 2019 trend. Following somewhat slow growth in the early 2010s, the global volume of air freight increased rapidly in recent years with freight volumes. Guidebook for air cargo facility planning and development explores tools and techniques for sizing air cargo facilities, including data and updated metrics for forecasting future facility requirements as a function of changing market and economic conditions. Jan 31, 2019 heraldkeeper via comtex air cargo industry description. Pdf on jul 8, 2015, daniel wenzel and others published air cargo market assessments and forecasts find. Any conversation about international trade in 2019 must include the trade relationship between the united states and china. Top 3 emerging trends impacting the air cargo market. Technavios latest report on the global air cargo market provides an analysis of the most important trends expected to impact the market outlook.
Air cargo market dynamics overview aci europe events. Global coverage enables global analysis of industry and individual airline trends always uptodate financial information is updated as soon as it is released deepen level of analysis in a shorter period of time for financiers, shorten deal approval cycle and improve delivery time to clients to read more download the pdf. By 2030, the share of domestic air cargo as a percent of total air cargo at bwi will increase and account for 97 percent of air cargo handled by bwi. Generally speaking, there are more aircraft in the air with less cargo capacity per flight.
Cargo yield in worldwide air traffic 2019 statista. The international civil aviation organization icao, a specialized agency of the united nations, in collaboration with the civil aviation authority of brazil anac, is organizing a regional symposium on strategic trends in air cargo, which will be held from 10 to 11 december 20 in sao paulo, brazil. University of belgrade, faculty of transport and traffic engineering. A market study with implications for landlocked countries. The world full cargo fleet is growing, as a consequence of the air cargo traffic growth. Impact of air cargo services on economic development. Air freight industry growth, trends and forecast 2019. Airlines, air cargo terminal operators, ground handling service providers, integrated express service providers, forwarders, domestic. Furthermore, it provides an insight into the future development of air cargo. Top 5 airfreight trends to expect for 2019 air cargo world. Air cargo industry in hong kong ebook download in pdf. Trbs airport cooperative research program acrp report 143. The market is anticipated to have a sustainable growth from 2017 to 2025. To serve ecommerce operations, alibabas logistics subsidiary, cainiao, unveiled its investment to develop six ehubs, while amazon has continued building up its own amazon.
Prior to the explosive growth of internet retailing in the early 2000s, outbound air cargo tonnage exceeded inbound air cargo tonnage figure 1. This chapter also provides a brief overview of the services, carriers and airports utilized in todays air cargo industry. A collective analysis on air cargo market by 360 market updates, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. The air freight industry has experienced some radical shifts throughout the years, and 2018 will be no exception. Read guidebook for air cargo facility planning and. Air cargo has become an increasingly popular route for modernday logistics. Bwi has historically served domestic demand for air cargo.
Consult contact data, management and financial key figures for bcube air cargo belgium from oostende. Iata cargo handling manual international air transport. This air cargo industry analysis provides market share and market sizing insights for all segments including regular cargo, express cargo, air freight and more. In terms of freighttonkilometer ftk, air freight recorded growth in march 2019 after three months of.
Only 1% of exports by volume go in aircraft but because they tend to be the. Technology investment by industry players airlines, forwarders, handlers expansion of efreight route network, with priority on bric countries. There also needs to be a change in mentality in how we work together, by overcoming company borders and focussing more on the benefit of the. Whilst speed is the number one reason why shippers. Over the past two decades, the annual average growth rate of freight tonne kilometer ftk was 4.