STAT Trade Times April 2014
At the recent IATA’s World Cargo Symposium 2014 in Los Angeles FedEx Corp’s Frederick Smith called for greater efforts to battle restrictions on trade and warned that a tide of protectionism is hurting global economic growth. Read Surya Kannoth’s detailed cover story on what happened at WCS in the April issue of The STAT Trade Times. In a special report, Namrata More looks at the freight forwarding industry and finds out that freight forwarders are planning well for the year ahead after a dismal performance last year. In the commodity report, Reji John turns to fish as a commodity and finds out the challenges of shipping fish by air around the world.
In the industry focus, Surya evaluates the competition building up between combination and all-cargo carriers. Namrata writes the regional report on South America and argues that sharp upturns and downturns are just part of this region’s volatile air cargo market. In the country report, the focus is on Germany, which according to Surya is a springboard for global growth. Mumbai, the city of dreams, gets the limelight in this issue’s city report. Reji argues that despite innumerable bottlenecks the financial capital of India keeps the development momentum going. Read about GMR-operated Hyderabad International Airport which has many firsts to its credit and how it is poised for even more growth.
In the shipping section, read the report on the changing trends in the cruise industry, which has become the most diverse and fastest growing segment of the vacation market. Also find the report on how the oil import of the US from Persian Gulf countries is keeping the US-Middle East ocean trade smooth.
Finally take a quick read of the latest news and developments from the aviation, air cargo, shipping, transport and tourism industries.