Global economy not all doom and gloom

Successful air cargo operators stand to benefit from the global economic turmoil, so says a logistics analyst.

Charles de Trenck of Transport Trackers, a Hong Kong-based economic analysis house specialising in the logistics sector, said that while 2009 and some of 2010 will be economically hard that the market afterwards will bounce back and be more rational allowing for exploitation by the survivors.

“People forget to track deflation,” he said “as this could soften the blow of declining trade by value”.

The casualties will be those companies that have overpaid for assets while those with cheap assets will survive to find the market of 2011 with less capacity and rising demand.

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest news

Powerful air cargo alliance takes aim at rogue lithium batteries

By Damian Brett

The International Air Transport Association (IATA), the Global Shippers Forum (GSF), the International Federation of Freight Forwarders Associations (FIATA) and…

Read More

LATAM Cargo takes delivery of latest B767 freighter

By Damian Brett

LATAM Cargo has taken delivery of its latest Boeing 767-300BCF which will be deployed on services between South America and…

Read More

IATA: Air cargo set to return to growth in 2020

By Damian Brett

Airline association IATA has predicted that the cargo sector will return to growth next year, while airlines are also expected…

Read More