Supply chain managers to factor in air cargo demand

2015 promises to be a year where supply chain managers will become more reliant on air cargo. Indeed, Boeing projects air cargo traffic will grow at an annual rate of 4.7 percent over the next 20 years, with global air freight traffic expected to more than double by 2033.

The company released its biennial World Air Cargo Forecast at the International Air Cargo Forum and Exhibition staged in late 2014.

“We see strong signs of a recovery as air freight traffic levels continue to strengthen after several years of stagnation,” said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. “The air cargo market is now growing at nearly the long-term rates.”

To read the complete article, please click here.