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Global Trade Management: Page 124

Air Cargo Predicted to Grow 4.7 Percent Annually Over Next 20 Years
After two years of either flat or slightly negative traffic growth, demand for air cargo transport began to grow slowly and steadily during the second quarter of 2013. The uptick in traffic continued into the second half of 2013 to end the year 0.9 percent above the 2012 traffic total. Growth has continued to gather strength in 2014, nearly recovering the long-term trend rate. World air cargo traffic is forecast to grow an average 4.7 percent per year over the next 20 years to reach a total of more than twice the number of revenue tonne-kilometers (RTK) logged in 2013. The number of airplanes in the freighter fleet will increase by more than half by the end of the forecast period.
Revenue Growth 10
Kewill Acquires IBM Sterling TMS
Kewill, a vendor of supply-chain execution software, has acquired the IBM Sterling Transportation Management System.
SkyBitz Unveils Asset-Management and Tracking Tool
SkyBitz, a maker of remote asset-tracking and information-management technology, has introduced the Falcon Series GXT2000.
LLamasoft Inks Data-Sharing Agreement With CLX Logistics
LLamasoft Inc. the vendor of supply-chain design software, has joined with CLX Logistics LLC, a provider of logistics management, technology and supply-chain consulting services, to provide LLamasoft customers with data on European truckload, global ocean and global parcel shipments.
Technology Touch 11
North American Exports, Imports Drive St. Lawrence Seaway Cargo Up 5 Percent Over 2013 Level
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway, total cargo tonnage from March 25 to September 30 reached 24.4 million metric tons.
August Continues the Upward Growth in Global Air Cargo
Global airfreight markets showed continued robust growth in air cargo volumes in August, according to the latest data from The International Air Transport Association (IATA).
Greater Trade Urged Among Countries of Africa, the 'Least Connected' Continent
While progress is slowly being made, insufficient trade agreements exist in order to encourage and drive intra-Africa trade. As a result there tends to be a focus on doing business with regions outside of Africa, such as the United States or China, says Charles Brewer, managing director of DHL Express Sub Saharan Africa.
Middle East Africa 08
IAG Cargo Joins Up with IFLN Logistics Network
The logistics network IFLN has become a preferred global forwarder partner to IAG Cargo.
Amber Road Achieves ISO 9001:2008 Certification
Amber Road, the vendor of global trade-management (GTM) software, has once more achieved ISO 9001:2008 quality certification for its Global Knowledge Update Process.
Global Trade Mgmt 3
Economic Forecasting: The View Through a Cloudy Crystal Ball
Economists' predictions often disagree, but there's one thing they have in common: They're pretty much all wrong.
Think Tank A5b5f4
Tranztec Expands Integration Library of Transportation Apps
Tranztec Solutions Inc., a vendor of transportation-management software, has expanded its integration library to include additional transportation-related applications.
WTO Says Global Trade Growth Won’t Be Quite as Robust as Initially Predicted
The World Trade Organization has slashed its forecast for world trade growth in 2014 to 3.1 percent, citing weaker-than-expected gross domestic product growth and muted import demand in the first half of the year.
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