Air Freight Services Market, By Services (Freight, Express, Mail, and Other), By Destination (Domestic and International), By End User (Private and Commercial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024

Code : CMI7157

Pages :174

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Air Freight Services Market Concentration By Players

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Rapid growth of the express and logistics industry

The express and logistics industry has matured considerably in the past couple of decades following the adoption of advanced technologies and integration of various modes of transport. Major global players in the industry have built expansive networks and infrastructure to offer time-definite delivery of shipments across broad coverage areas. By consolidating smaller consignments and ensuring swift transfers between trucks, trains, vessels and aircraft, the industry has made international trade more accessible for businesses of all sizes. The high reliability, flexibility of services as well as real-time tracking offered by express companies have popularized the concept of door-to-door international freight shipping.

For instance, in February 2024, A.P. Moller - Maersk (Maersk) introduced a fully digital solution for customers seeking air freight services as part of its integrated logistics offerings. The new online platform, accessible through Maersk.com, empowers customers to easily book their air cargo requirements using a simple online tool that provides instant pricing for up to 70,000 connections between virtually all relevant airports worldwide.

Key Players Insights