It’s the emerging markets

As many in the industry are well aware, it’s the emerging markets that hold out not only great promise of future cargo growth, but also function now as a key backstop to global cargo lethargy.


Air Cargo India


As many in the industry are well aware, it’s the emerging
markets that hold out not only great promise of future
cargo growth, but also function now as a key backstop
to global cargo lethargy. At the recent Air Cargo India event it
was evident that although there are many headaches operating
in India, the country clearly holds great promise for future cargo
growth and in the meantime has provided a number of carriers a sort of shelter in the storm. So too for Africa, driven largely by surging traffic to and from West Africa and similarly Brazil.

A recent report – 2012 Agility Emerging Markets Logistics Index – sponsored by global logistics provider Agility and compiled by Transport Intelligence pointed to this very fact. Of 41 emerging markets – which were ranked by their investment potential and progress each year – ranked the top three as China, India and Brazil.

While no African country made the top ten, it’s time is clearly coming. The report is interesting for a number of reasons, one being the fact it underscores the ongoing potential of China, despite the sometimes negative perception that rising labour costs are pushing manufacturing elsewhere – which is to some degree true and helps spread economic development to neighbouring countries like Vietnam.