Notes from Logistics Management Webinar

Some takeaways from LM’s 2015 Rate Outlook Webinar today:

Air Cargo outlook according to Chuck Clowdis of IHS Global

  • Expect 4-5% growth in air cargo market over next 20 years
  • APAC volume will continue to grow especially electronics
  • EU air carriers will continue to experience sluggish growth in 2015
  • Do not expect lower oil prices to result n lower rates
  • Oil price windfall will allow providers to invest in capacity (777’s) which will increase gradually
  • Currently approx. 100 777’s in service
  • Providers will still seek rate increases so prepare to negotiate