Colography reported about 92.4 million shipments in U.S. air export service in 2005, up 8 percent over 2004 and the first time shipments exceeded the 90 million annual mark.
Air export revenue in 2005 was a record $9.5 billion, beating the $8.5 billion record set in 2004.
“Last year was a splendid one for U.S. air exports as the vestiges of a weaker dollar, combined with resilient end-markets across the globe, created strong demand for the mode,” said Ted Scherck, Colography’s president. “Beyond the macro factors, however, the results demonstrate that air freight is an increasingly vital force in enabling global trade and supporting world-class international inventory models.”
Colography said U.S. domestic air freight shipments topped 2.5 billion last year, slightly above the 2.45 billion shipments that moved in 2004. Revenue in the domestic market was up 5 percent to $33.5 billion from $31.9 billion in 2004.
Some key findings in the 2005 edition of Colography’s “U.S. Domestic and Export Air Traffic and Yield Analysis By Competitor and Market Segment” report include:
* On the U.S. air export side, the six main competitors — FedEx, UPS, U.S. Postal Service, DHL, EGL Inc. and BAX Global — controlled 76.6 percent of the shipment market during 2005.
* Overnight shipments made up 42.2 percent of all domestic air cargo shipments in 2005, down slightly from a 42.4 percent share in 2004. Deferred, or non next-day packages, increased their share to 57.2 percent from 56.8 percent.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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