131 Modeling Air Cargo Volume and Volatility in China's Airway Transportation
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With the intensive business competition, customers have more and more requirements for high-speed divery. Although airway cargo is more expensive than other transportation mode, it has also been adopted gradually by many express companies in order to improve their competitiveness in time-based competition. Air freight plays a very important role in modern logistics, it fills the need for time-sensitive deliveries over larger distances, especially where the alternative modes are considerable slower, such as ships. Compared with other transportation modes, airway freight has a higher increase rate in recent 5 years. And according to the statistics of World Bank, in recent...