Air Freight is a technique of transporting and shipping commodities and goods by a commercial air carrier or charter. These shipments are delivered from gateways for commercial and passenger aviation.
Transporting extremely precious products throughout the globe is done with this service. The costs incurred for the transportation of products are referred to as freight. It is one of the safest and fastest ways to move products.
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The top countries in the air freight industry are Austria, Slovenia, the Republic of Korea, Italy, Sweden, Netherlands, Finland, Japan, Canada, Denmark, United Arab Emirates, Hong Kong, Singapore, South Africa, and the United States.
Key Details About the Air Freight Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Air Freight price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Air Freight price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Air Freight Price Trend:
Precious products are transported via air freight from one location to another, which has an effect on the price trend of air freight. High-value commodities including jewellery, electronics, and medications are shipped through general cargo. It can be utilised to transport a variety of delicate electronic equipment.
The transportation of particular cargo, on the other hand, necessitates special circumstances such as controlled temperatures, a certain type of airflow, or covered casings for cattle or commodities that are dangerous.
Key Market Players:
- Deutsche Post AG
- Kintetsu World Express (I) Pvt. Ltd.
- Panalpina World Transport (Holding) Ltd.
- Expeditors International of Washington, Inc.
- DB Schenker
- CEVA Logistics
News and Events:
- September 28, 2022: The MISC announced that it is attempting to create an air freight service similar to those offered by major ocean freight service providers. Following the completion of the delivery of four Boeing 777-200F aircraft, the service will begin operations in 2023. The aircraft was ordered by Atlas Air in January 2022, and they will fly the freighters.
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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