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Global freight logistics market: $103 billion industry in 2013

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World Air Cargo & Freight Logistics Market 2013-2023 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-14 12:39:02
The air cargo and freight logistics market will be worth $103.17bn in 2013. The world air cargo and freight logistics market is currently in a state of flux, with shifting results since the 2008 financial crash. Investor confidence has been hit, hard, by a series of forecast upswings which failed to materialise in any sustainable sense. Rampant fuel price rises remain the single largest factor in the forecast, bringing carrier capacities into sharper focus and asking questions as to the cost-effectiveness of air cargo deliveries.

The global macroeconomic climate is also a major issue, with the ongoing drag of the euro zone a major problem, while the immaturity of the South American market has created problems in the industry. Volatility is expected to diminish, but remains a factor of concern.

Bright spots remain, with air cargo a fundamental requirement for many industries, and consumer spending still growing in developed and developing markets. The expansion of regional hubs in the Asia-Pacific are expected to act to provide additional stability to the market and the lack of alternate modes of transport (the APAC region is divided by sea, South America and Africa by mountains and distance) ensure that developing regions will still find air cargo to be a key factor.

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