newstodate.aero
OCT 21, 2003 (newstodate): The US-based Colography Group forecasts solid gains in shipping activity in 2004, as accelerating end-user demand and record-low inventories combine to spur growth in manufacturing and transportation.
In its latest analysis, the Colography Group does not, however, expect airfreight, once the fastest growing segment of U.S. transportation, to grow at a rate faster than the broad US and world economy.
-Airfreight services will continue to be in demand for extremely expedited shipments transiting 1,500 miles or longer. However, the growth in US airfreight will be tied to the performance of the broad economy, a characteristic of a maturing industry, says Ted Scherck, The Colography Group president.
The study forecasts that slightly more than 6.6 billion shipments will move in domestic U.S. commerce and U.S. air export in 2004, up from 6.5 billion shipments projected for 2003.
In its latest analysis, the Colography Group does not, however, expect airfreight, once the fastest growing segment of U.S. transportation, to grow at a rate faster than the broad US and world economy.
-Airfreight services will continue to be in demand for extremely expedited shipments transiting 1,500 miles or longer. However, the growth in US airfreight will be tied to the performance of the broad economy, a characteristic of a maturing industry, says Ted Scherck, The Colography Group president.
The study forecasts that slightly more than 6.6 billion shipments will move in domestic U.S. commerce and U.S. air export in 2004, up from 6.5 billion shipments projected for 2003.