Airfreight Forwarding Market by Service 2014 – 2018 Global Forecasts and Analysis at ReportsnReports.com
Dallas, Texas (PRWEB) September 11, 2014 -- One of the major trends influencing the growth of this market is the increased implementation of e-freight programs in the Airfreight industry. These e-freight programs facilitate the transportation process for forwarders by reducing end-to-end transfer times, reducing the possibility of manual errors in documentation, and ensuring that regulatory compliance procedures are not violated.
According to the “Global Airfreight Forwarding Market 2014-2018” report, one of the major drivers in this market is the faster delivery of perishable and urgently required items. Companies practicing the JIT principle of manufacturing need emergency replenishment of their exhausted stocks when new orders are placed. Also, for perishable items such as F&B products, pharmaceuticals, and chemicals, the airways mode of freight is preferred.
Airfreight forwarders are intermediary agents that arrange shipments for industries from the manufacturer to the final point of distribution. They are usually associated with the movement of light, expensive, and perishable cargo that needs quick transportation. Having a long-term contract with major airlines along with providing consolidation services enables airfreight forwarders to secure cheaper freight rates.
Covered in this Report
The Global Airfreight Forwarding market can be segmented by five types of services offered by forwarders: Packaging and Labeling, Documentation and Purchase Order (PO) Management, Charter Services, Transportation and Warehousing, and Value-added Service (VAS). They are increasingly offering integrated solutions, facilitating the end-to-end cargo delivery process, enabling the exporter to focus on their core business area. Customized solutions are being developed for customers from various industries, especially Pharmaceuticals, Food and Beverage, and Chemicals.
The Global Airfreight Forwarding Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, the APAC and EMEA regions; it also covers the Global Airfreight Forwarding market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The report recognizes the following companies as the key players in the Global Airfreight Forwarding Market: DB Schenker AG, Deutsche Post DHL AG, Kintetsu World Express Inc., Kuehne + Nagel International AG and Panalpina Welttransport (Holding) AG
Other Prominent Vendors in the market are: Agility Global Integrated Logistics, BDP International, C.H. Robinson, CEVA Logistics, DAMCO, DSV, Expeditors International, Geodis, Hellmann Worldwide Logistics, Kerry Logistics, Logwin, Nippon Express, Sankyu, SDV, Sinotrans, Toll Holdings, UPS Supply Chain Solutions, UTi Worldwide and Yusen Logistics.
Market Driver
• Faster Delivery of Perishable and Immediately Required Cargo
• For a full, detailed list, view our report
Market Trend
• Increasing Implementation of e-Freight Programs
• For a full, detailed list, view our report
Further, the report states that one of the major challenges that the market faces is the meteoric increase in fuel prices. Because of rapid fluctuations in oil prices, frequent hikes in service charges would hamper the reputation of carriers in the market, where there are already several players.
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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