Mentions of supply chain and logistics within the filings of companies in the airport industry rose 19% between the second and third quarters of 2021.
In total, the frequency of sentences related to supply chain and logistics between October 2020 and September 2021 was 99% higher than in 2016 when GlobalData, from whom our data for this article is taken, first began to track the key issues referred to in company filings.
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When companies in the airport industry publish annual and quarterly reports, ESG reports and other filings, GlobalData analyses the text and identifies individual sentences that relate to disruptive forces facing companies in the coming years. Supply chain and logistics is one of these topics - companies that excel and invest in these areas are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.
To assess whether supply chain and logistics is featuring more in the summaries and strategies of companies in the airport industry, two measures were calculated. Firstly, we looked at the percentage of companies which have mentioned supply chain and logistics at least once in filings during the past twelve months - this was 46% compared to 35% in 2016. Secondly, we calculated the percentage of total analysed sentences that referred to supply chain and logistics.
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Of the 50 biggest employers in the airport industry, Ryder System Inc was the company which referred to supply chain and logistics the most between October 2020 and September 2021. GlobalData identified 113 supply chain & logistics-related sentences in the United States-based company's filings - 1.8% of all sentences. United Parcel Service Inc mentioned supply chain and logistics the second most - the issue was referred to in 1.4% of sentences in the company's filings. Other top employers with high supply chain & logistics mentions included Sinotrans Ltd, XPO Logistics Inc and TFI International Inc..
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By GlobalDataAcross all companies in the airport industry the filing published in the third quarter of 2021 which exhibited the greatest focus on supply chain and logistics came from Grupo Aeroportuario del Pacifico SAB de CV. Of the document's 1,210 sentences, six (0.5%) referred to supply chain and logistics.
This analysis provides an approximate indication of which companies are focusing on supply chain and logistics and how important the issue is considered within the airport industry, but it also has limitations and should be interpreted carefully. For example, a company mentioning supply chain and logistics more regularly is not necessarily proof that they are utilising new techniques or prioritising the issue, nor does it indicate whether the company's ventures into supply chain and logistics have been successes or failures.
In the last quarter, companies in the airport industry based in the United States were most likely to mention supply chain and logistics with 0.3% of sentences in company filings referring to the issue. In contrast, companies with their headquarters in Western Europe mentioned supply chain and logistics in just 0.1% of sentences.
Data Journalism Team
