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THE
country’s airfreight industry of mostly forwarding
companies posted its second-straight year of growth last
year, though at a moderate pace.
Data
from the Civil Aeronautics Board (CAB) shows that volume
improved by less than 1 percent to 232.7 million
kilograms for the entire 2007 compared with 230.6
million kilograms in 2006.
If not
for the brisk turnover in direct and break-bulk
shipments, the industry could have ended 2007 a negative
growth, according to the CAB.
Direct
shipments account for 33.153 million kilograms, up 1.3
percent from 32.712 million kilograms a year earlier.
Break-bulk shipments account for 91.04 million kilograms
of the total, up 14.5 percent from 79.5 million
kilograms in 2006.
Consolidated shipments, on the other hand, dropped 8
percent to 108.5 million kilograms from 118.392 million
kilograms in the same period last year.
Among
the top industry players was Nippon Express Philippines
Corp., which continues to be the top airfreight
forwarder for the third consecutive year. It handled 31
million kilograms, or more than 13 percent of last
year’s volume.
Yusen
Air and Sea Services Philippines accounted for 28.43
million kilograms, or 12 percent.
Kintetsu
World Express (Phils.) Inc. was third with 13.28 million
kilograms, or close to 6 percent of the volume. Kintetsu
was 11th in 2006.
Airlift
Asia Inc. handled 11.843 million kilograms, or 5 percent
of the volume, for the fourth place in terms of volume.
It used to be the second-largest airfreight forwarder in
the country.
Schenker
Philippines Inc. handled 8.8 million kilograms, or 4
percent of the volume, to be the fifth-largest company
in the business.
The
sixth to the 10th biggest companies in the industry in
terms of volume last year were DHL Global Forwarding
Inc., Fritz Logistics Phils. Inc., Kornet Express Inc.,
Panalpina World Transport and Transglobal Consolidators
Inc. |
