Commentary

As we enter 2014, we find that companies are relatively cautious about growth because of continued economic uncertainty. They are emphasizing more discipline in operational performance as a means of driving profitability without relying on organic growth. Leveraging the supply chain to enhance business and operational performance is a trend that will continue unabated this year. Also in 2014, e-commerce strategies will start to emerge that encompass cost-effective global distribution.

Responsibility for the late deliveries of Christmas gift parcels lies squarely with the online retailers. How the industry can prevent it from happening again.

We’re hearing from economists and customers that 2014 will probably continue along the slow, steady growth path. The rail industry remains a steady leader, bolstering the economy by providing well-paying jobs and supporting other industries by delivering goods that keep America moving.

The global air cargo industry is facing an undeniably challenging year ahead. Volumes increased slowly but steadily over the course of 2013, and some markets picked up faster than others. Current indicators suggest we will continue to see a small upturn — welcome news for an industry that plays a key role in world trade.