Air cargo is a necessity for some, and an option for most
Some companies, desperate to replenish their inventories, utilized air freight to bypass recent congestion issues at West Coast seaports, and this inflated air cargo volumes in 2014. Long-term growth projections appear to be less favorable, however, since port operations are returning to normal, global GDP is moderately increasing and air cargo's speed-to-market benefits are often offset by higher costs. Some need it, while most do not: A flower importer is likely airport-reliant, while a dry goods importer has the lower cost option of ocean transport.
This impacts freight volumes and space needs, and our study takes a close look at 10-year cargo averages at the nation's 12 busiest airports to explore the performance of their surrounding industrial facilities. We then rank them to see how they compare to one another.
Learn more about our Port, Airport and Global Infrastructure (PAGI) capabilities.
Based on 13 measurable performance metrics in the categories of air cargo operations and real estate market factors, the Airport Scores Index is a subjective measure of an airport’s value to investors, developers and occupiers of airport-centric industrial properties.
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See details on each of these airports, including historical submarket conditions and cargo volumes, key stats, investment and development news, and more in our complete 2015 Airport Outlook.
Managing Director, Industrial & Logistics Research
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