The global economy is growing, but growing at a lower rate than anticipated, said George Anjaparidze, senior economist, IATA who went on to cite International Monetary Fund (IMF) CEO Christine Lagarde who recently warned that the world was on the threat of entering a new phase of mediocre growth becoming the new reality. “And that’s exactly what we’re seeing,” added Anjaparidze. The advanced economies are still growing, but very slowly he noted with emerging economies growing far below their … [Read more...] about Air cargo in the ‘new mediocre’ of global economic growth
ANALYSIS
Stifle Logistics Confidence Index sinks to new low
With a score of 45.4, the December edition of the Stifle Logistics Confidence Index has recorded its lowest ever total, amidst a continued pattern of decline. Of the four trade lanes covered by the Index, Europe to US continues to be the most positive, representing the highest-scoring route across both air and sea as well as current and expected situation, with continued strength of the US dollar against the Euro helping to boost performance. By contrast, the performance of trade lanes … [Read more...] about Stifle Logistics Confidence Index sinks to new low
Eight Asian log hubs to remain dominant: CBRE
Eight of Asia Pacific’s logistics hubs are considered ‘global’ and will continue to dominate until 2030 according to CBRE’s recently launched Asia Pacific Logistics Hubs 2015 report. These Asia Pacific hubs include: Greater China’s Hong Kong, Guangzhou, Shanghai, Shenzhen, Tianjin; Japan’s Tokyo, Osaka-Kobe; and Singapore. In order to produce this latest report, CBRE developed a new model for ranking the region’s logistics hubs based on primary demand drivers: Infrastructure developments, market … [Read more...] about Eight Asian log hubs to remain dominant: CBRE
