Title: Vietnam Shipper Issue 85
Date: (01-11-2011)

 

Airfreight

The top 50 cargo carriers

In the past eight months, the world has watched in horror as a magnitude-9.0 earthquake and a subsequent tsunami ravaged Japan in March, a series of tornados devastated the Southern U.S. in April, and the eruption of Iceland’s Grímsvötn volcano in May halted air traffic. In an ongoing crisis, residents of the Horn of Africa face mass starvation and famine.

Adding to this bleak picture are the economic instability and political unrest experienced in many parts of the world. It has been so bad, in fact, that many sectors have lost significant profitability and have seen cuts in every corner.

Despite these concerns, the airfreight sector is still a viable mainstay in the logistics industry, IATA officials contend. It’s a point illustrated in the association’s list of the most prolific cargo carriers in 2010, a ranking taken at an equally trying time for the air cargo industry. .…(Read more on Vietnam Shipper Issue No. 85)