Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
US air freight market dominated by FedEx and UPS

US air freight market dominated by FedEx and UPS


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2012-12-11 14:37:16 - US air freight market dominated by FedEx and UPS

The US air freight market has been forecast to hit a value of US$41.99 billion by 2016, with the industry set to be primarily driven by the economic growth in the US, along with the increase in e-commerce activities happening in the US.The US airfreight market generated revenues of $28 billion in 2011, a 7.4%, year-over-year, increase. Although a seemingly positive development, this figure is on par with the revenues the industry recorded in the 2000-2001 financial year.Such statistics show that the US -- despite the domination of integrators FedEx and UPS -- isn´t immune to the sluggishness affecting the global airfreight market.Overall, cargo traffic in the US dipped 1.3%, year-over-year, to 12.117 billion tonne miles in 2011. Unfortunately, the

 

 

same problems that plagued the domestic airfreight sector last year are likely to continue in 2012.The increase in online purchases offers huge growth potential for the US air freight market. With busier lifestyles and increasing internet penetration, the retail sector is undergoing a favourable change. Online retailing offers a variety of benefits to customers, such as an easy and convenient way of choosing products online, placing orders through credit cards, and avoiding tiring visits to stores.The online retail sector in the US has become one of the fastest growing retail formats. Further, the online retail sector in the US is expected to witness double-digit growth through to 2016.Key players currently dominating the US air freight market include AMR Corp., FedEx Corp., United Parcel Service Inc., Bax Global Inc., and United States Postal Services Express Mail.For more information on the US air freight market, see the latest research: US Air Freight MarketFollow us on Twitter @CandMResearch

Click for news details: www.companiesandmarkets.com/News/Logistics/US-air-freight-market ..

Browse all Logistics C&M News www.companiesandmarkets.com/News/Logistics/?aCode=f3fb3973-dfd8- ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com