Air Cargo Management Group's annual report points to price increases and rising fuel surcharges imposed by FedEx and UPS as the key drivers of the revenue growth.
"Such mergers can prove difficult, as evidenced by DHL's continuing struggles with the integration of Airborne," Air Cargo Management Group's annual report Project Director Robert Dahl said.
Air Cargo Management Group
released its latest 20-year freighter forecast yesterday, projecting 2028 fleet sizes for both an "optimistic" scenario in which air cargo traffic averages 6% annual growth and, taking into account the weak global economic situation, a "low growth" scenario in which traffic rises just 3%-4% per year.
Industry consulting firm Air Cargo Management Group
(ACMG) projects that world air cargo volume has grown 6.3 percent per year since 1985 and will triple by 2023.
Presented by Air Cargo Management Group
, Air Cargo World's new sister company, the symposium promises the latest industry information and updates, the highest quality presentations, and accessible and thought-provoking interactive discussions.
Ned Laird, managing director of aviation consultancy Air Cargo Management Group
, pegs that imbalance at 5 to 1.
In June, the Air Cargo Management Group
published a report on freighter capacity, openly wondering if there were too many freighters being born into the world.
"This is another indication that UPS is serious about expanding beyond their package-delivery business and taking a greater role in the supply chain management field," said Robert Dahl, a project director at the consulting firm, Air Cargo Management Group
"There are lots of loose [forwarder] alliances," says Chris Reanier, research director at Seattle-based consulting firm Air Cargo Management Group
. Developing a Web site for shipment monitoring "was an interesting concept to create more leverage" for its members, he adds.