Air Freights and Logistics NEC under pressure to reduce shipping time

The air freight and logistics industry is engaged in the provision of services which includes the delivery of packages, products and mails for either commercial or domestic purposes. The industry began as the provider of postal services alone but has now expanded to include the scope of international trade within its operations. Due to its indispensable role as the stimulator of trade all over the globe, it is a growing and profitable industry.

At the beginning of 2014, the volume of the goods traded through transportation was not very encouraging. However by March, the markets of the industry had increased by 5.3% when compared to markets at the same time the previous year. During this time, the capacity of the Air Freights and Logistics industry increased by 3.4% as well. Therefore, the significant improvement in the financial outlook when compared to March 2013, is a healthy sign for the industry. The growing markets in both developed and developing countries are indicating expansion of the industry. Along with the vital role that the emerging developing economies are playing in the growth of the industry, economic conditions in Europe and USA are also providing a favorable heads up to the industry. Export orders are rising in these economies which translates in to greater demand for the Air Freights and Logistics industry.

It is also argued that the industry needs to improve its value proposition if it is to attract more investment and growth. There is a possibility for the industry to maximize its efficiency and reduce its shipping time by a total of 48 hours. This time saving can be made possible with the utilization of modern infrastructural facilities and procedures to handle air cargo. The industry is currently underperforming as shipping time today is nearly the same as what it was forty years ago even though technological advancement today has surpassed the 40 year prior period by a huge margin. There is now an increasing pressure on the industry to develop new innovative procedures to quicken the pace at which deliveries are made worldwide. Adopting such measures are imperative to sustain the progress of the industry.

The Air Freights and logistic industry comprises of a few dominant firms that compete with each other for greater revenue and market share. The leading companies in the industry are FedEx, UPS and DHL. The highest stock price from amongst these three major firms is commanded by FedEx which stands at $138.2. Further stock market analysis of the industry has also revealed the most active firms in the industry in terms of dollar volume of stocks traded. The company which ranks number one in this list is FedEx. The second place is that of UPS (United Parcel Service) and the third place is occupied by Expeditors INTL. In order to obtain further useful and credible information about the industry and the firms operating within it, please visit the sit Bidnessetc.com. Moreover it is complement by Airline industry such as American Airline stock.