Logistics Management - October 2011

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The big names in transportation will be outof the office for a few days in January.Find out why.smc3conference.comWe’re talking logistics.Atlanta, GA | January 16-18
A special supplement to:Special Report:Leading Air Cargo CarriersHong KongcallingWorld air cargo traffic will triple over the next 20 years, with mostof the growth being driven in the Asia Pacific marketplace. Is it anywonder that the biggest players in the industry are investing heavilyin the region?By Patrick Burnson, Executive EditorIn the course of providing a detailed overviewof trends shaping air cargo today,the recent World Air Transport Statistics(WATS) report notes that Asia will continueto be at the forefront of the freight industry,expanding at a pace approaching 7 percentby the end of 2029.A cursory look at WATS figures tells the rest ofthe story. Of the top 10 international and domesticleaders, only one—Cargolux—is a relatively newplayer in this marketplace. This comes as scantsurprise to the Boeing Company—China’s leadingprovider of aircraft—which maintains that the AsiaPacific region’s air traffic growth will exceed theworld average by a “large” margin over the nexttwo decades.Randy Tinseth, vice president of marketingfor Boeing Commercial Airplanes, says the regionwill account for one-third (10,320) of new airplanedeliveries worldwide over the period. “Thisis sweet music to an airplane manufacturer’s ears,”says Tinseth.48S October 2011 • Logistics Management
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Logistics Management - October 2011

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