Few segments within logistics are transforming and diversifying as rapidly as air freight services, both domestically and globally. Many trends that were being explored and initiated in the last decade find themselves ramping up even more quickly in the post pandemic/supply chain crisis market. Making up for lost time will be a feature of the air freight market in the years ahead for it to meet customer needs competitively.
One such example is air freight hubs/airports becoming more and more specific in usage as specific airports become air cargo specialists versus sharing space with commercial passenger air. Economically these are vibrant ideas but ultimately, it’s a customer focused initiative that reengineers the marketplace.
One such example is the first cold storage air facility in Ohio opening at Rickenbacker International Airport outside of Columbus. The operation is tied to the pharmaceutical industry and the need for air freight therein. The market is also a significant employer in the Bay Area, San Diego, Chicago, Raleigh and Boston; this is likely the beginning of a trend.
It’s a large undertaking that saw the Columbus Regional Airport Authority choosing to build, finance manage the pharma handling center itself, meanwhile outsourcing operations via a revenue-sharing program. The outcome is a brand new almost 10,000 square foot temp-controlled building operating in concert with the current air cargo terminal. Penciled in to open at the start of 2021, the new addition is expected to be a huge boon for the rapidly growing pharma sector in Ohio.
We think the next decade will see giant changes in cargo airports that better support local demand and local industry along with wholesale changes to the air operators themselves. With domestic heavy air being dominated by a single giant, it’s a market ripe for fresh competition to provide faster and more reliable services, although the investment required makes it a great challenge. Next day air freight is one of the many services that TEC can provide. Phone us to learn more at 844.382.5068
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