The air freight industry is booming

• The air freight industry is booming. In the last decade, the global air cargo market has more than doubled in size and is now worth $130 billion. The industry is projected to grow even more in the coming years, with some estimates predicting that it will reach $200 billion by 2025.

• With this rapid growth come both challenges and opportunities. One of the biggest challenges facing the air freight industry is meeting the rising demand for capacity. Air cargo traffic grew by 7.2% in 2017, but the available capacity only grew by 4.5%. This imbalance between demand and capacity has led to higher prices and longer wait times for shippers.

• Another challenge facing the air freight industry is ensuring that shipments arrive on time and intact. In an increasingly interconnected world, delayed or damaged shipments can have a ripple effect that disrupts supply chains and creates delays and disruptions for businesses around the globe.

• While there are challenges to be faced, there are also many opportunities for those in the air freight industry. One of the biggest opportunities is the continued growth of e-commerce. The rise of online shopping has created a huge demand for fast, reliable shipping options, and air cargo is uniquely positioned to meet this demand. In 2017, e-commerce sales accounted for 11% of all retail sales worldwide, and this number is expected to grow to 22% by 2025.

• As the air freight industry continues to grow, so too will the challenges and opportunities it faces. Those who can