Asia Pacific outstrips all

4:43 AM |



This industry is particularly concerned with moving goods and parcels from the point of shipment to the point of destination via aircrafts. Logistics manages and controls the operations and resources in this process of transportation to ensure safe and timely deliveries to the customers. Air transport is a vital component of many international logistics networks, though, this kind of transportation is costly but the industry continues on the road to development due to the ease and speedier deliveries of goods or posts. It has grown so much in importance to the commercial world that without professional logistics support it is impossible to think about global trade since the movement of raw materials, work in progress and finished goods all require a well established logistics network.

Companies recognized under NEC in Air Freight and Logistics industry enlist Forward Air Corporation, FedEx Corporation, Expeditors International of Washington and United Parcel Service. Forward Air Corporation operates under two segments namely Forward Air, Inc. (Forward Air) and Forward Air Solutions, Inc. (FASI). Former provides a timely delivery of non-fragile items and handles related logistics to North American deferred freight market while the latter provides pool distribution services to Mid-Atlantic, Southeast, Midwest and Southwest continental United States. In March 2014 it had a revenue of 171.569 million$ with an earnings per share of 0.32. FedEx Corporation is a holding company, which provides services of e-commerce, transportation and business services. It has four segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. For air freight it 660 aircrafts and has approximately 58,400 drop-off locations (including FedEx Office centers) in the integrated global network. It has earnings per share of 1.97 for the Quarter Ending Aug-14. Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Company offers its customers a seamless international network supporting the movement and strategic positioning of goods. It had a revenue of 1410.48 million US$ and earnings per share of 0.38685 US$ in March 2013. United Parcels Services delivers in 220 countries and territories catering to 1.1 million customers each working day. It is a package delivery business which provides logistics services including distribution and transportation of ground, ocean and airfreight. Airfleight industry is complemented by Airline industry such as American Airline stock. It had earnings per share of 1.24 in Quarter Ending June-14- details of individual companies can be further found on Bidnessetc.com.

Though this industry is expanding but some analysts are of the view that due to high competitiveness and need to be responsive to customers, the growth may slow down. Asia Pacific region, an exception to this trend, will be the fastest growing in 2014. Even China who remains unchallengeable in its global transportation through airfreight has experienced falling cargo by 7.3% in 2013 as compared to USA. Analysts are of the view that despite slowed down growth in certain regions, the growing consumer demands worldwide provides a great opportunity to the investors and logistic providers however they have to carefully examine economic and political trends in addition to any unforeseen circumstances- For more information on the prevailing trends visit Bidnessetc.com.

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