Meanwhile, FedEx Corp.'s market share nearly topped the combined international export shares of its four closest competitors.
According to Colography's annual U.S. international air cargo study, FedEx Express, the air services unit of FedEx Corp., expanded its U.S. air export shipments by 5.9 percent compared to 1998, garnering a 35.1 percent share of the market. By comparison, second place DHL Express Worldwide took 12.2 percent of the market, and United Parcel Service Inc. captured 12.1 percent. Together, DHL, UPS, the U.S. Postal Service and Airborne Express control 35.7 percent of the international air market.
Growth was more sluggish for non-integrated carriers, according to the report. This segment grew by 2.4 percent in air export revenue and 1.9 percent in tonnage.
“Our findings reflect the fact that an increasing percentage of air freight exports are moving in smaller lot sizes, at lighter weights and with tighter delivery windows,” said Ted Scherck, president of The Colography Group.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
Industry-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.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now