Manufacturing Industry
Shippers leverage air cargo as global sourcing extends supply.
Purchasing, April, 2007
By David Hannon Demand for global air freight continues to be strong, fueled by increased demand from Asia both on the inbound and outbound side. Carriers are rapidly increasing their investments in equipment and infrastructure to meet the increased demand of global shippers. The Airports Council International (ACI) predicts global air freight will triple by 2025, fueled by growth in Asia.
"High growth of manufacturing in Asian countries such as China and India is expected to drive this growth but cargo flows are predicted to remain imbalanced with most freight volume outbound from Asia," ACI's latest report says. North America is likely to grow more slowly than in the other geographic regions, averaging 4.4% over the next two decades. In 2006...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
