The STAT Trade Times - January 2018
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January 2018 issue Digital Access. - Magazine Details
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In this issue
The Cover Story of STAT Trade Times January 2018 portraits the performance of the global air cargo industry in 2017 that witnessed high demand. There have been a huge uptick in tonnages, significant rise in load factors and substantial improvement in yield. Our Special Report is on how India’s air cargo segment is grabbing the attention of international operators. With growing volumes, enhanced connectivity, conducive policies and regulatory environment, India is becoming lucrative for the international cargo operators. The Guest column by Venkatesh Pazhyanur of Unisys talks on the latest trends in technology that are driving air cargo industry to make changes rapidly like never before. The column explains how the air cargo supply chain is getting smarter with digital technologies. Read the latest trends in air cargo technologies; beyond digitalisation, new assets such as unmanned aerial vehicles, newer, lighter and connected ULDs and smart facilities are changing the game for the air cargo industry. In the Focus section, read how the aviation industry is preparing itself to be less pollutant, green and more efficient. The industry needs to act fast if sustainable development is its priority. Catch the detailed report on the second edition of Auto SCM Summit held at Courtyard Marriott Chakan, Pune which deliberated on “Creating a modern and agile supply chain for the auto industry in the digital age”. Don’t miss out on our regulars—news roundup, executive in focus etc.
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Digital Only
WHO IS CHANGING THE GAME FOR AIR CARGO?
Up until five years ago, the air cargo industry was considered less digitally mature than other sectors marked by rigid legacy systems. But with the onset of Industry 4.0, innovation is on every business manager’s agenda and exciting changes are transforming this industry. Also, as consumer habits change and customer expectations grow, clients demand end-to-end visibility of their delivery. With emerging technologies like Blockchain, Artificial Intelligence and IATA’s initiatives One Record and Interactive Cargo, technology is definitely making changes to efficiency.
WAITING TO BE FILLED AIR CARGO CONTINUES TO BE IN THE DOLDRUMS
Global air cargo industry continues to suffer across all regions and the demand decline experienced in 2019 is the steepest drop since 2009 during the global financial crisis. Airline association IATA predicts that air cargo demand will increase by two percent in 2020; however there are several ifs and buts for the industry to get back to growth momentum.
TRADE WAR ADDS CANADIAN FLAVOUR INTO CHINESE CUISINE
The surging lobster business in Canada built on the trade war between the US and China shows the capability of Nova Scotia in addressing the supply chain issues of stakeholders, at a time when China demanded more lobster than the province exported earlier. By exporting around 22 tonnes from January-October 2019, one of the three maritime provinces of Canada is confident to face the aftermath if trade war ends, by foraying into new markets.
INDUSTRY RISES AGAINST DANGERS OF ROGUE LITHIUM SHIPMENTS
As the threat of mis-declared or ill-packaged shipments carrying lithium batteries looms large, the aviation industry is joining forces to fight the menace. As e-commerce and demand for cleaner technology grows, the demand for lithium batteries is also seeing an upward trend. It’s time this industry affair got more attention to make aviation safer.
GECAS, IAI Launch The B777 Freighter Conversion Programme, Freighter To Enter Service In 2022
GECAS and Israel Aerospace Industries (IAI) have launched the Boeing 777-300ER freighter conversion programme.
From Booking Middlemen To Strategic Partner
Founded in the united kingdom in 1994, Air Logistics Group (ALG) has developed significantly from the traditional ‘general sales agent’ to a strategic partner offering the highest level of value added services to its airline and forwarding partners. As ALG completes 25 years, Stephen Dawkins, founder & chief executive officer of ALG, speaks to Reji John, about many more exciting years ahead providing airlines and forwarders with a reputable, financially sound partnership that can deliver in terms of revenue, network coverage, digitalisation and manpower. Edited excerpts.
FLA-PLA 2019 Call For Embracing Technology, Sustainability, Better Infrastructure
Sustainability and need for collaboration dominated the narrative of the latest Flower & Perishable Logistics Africa conferences in Nairobi, Kenya. Attendees discussed the importance of infrastructure development, exploring new markets, and looking beyond the traditional avenues.
Raising The Stakes On Perishable Logistics
When dealing with fresh produce and other food items intended for human consumption, there is no wiggle room when it comes to freshness and quality. For the food to reach one’s plate, there is a lot that happens along the way – this includes harvesting crops at the right time, maintaining proper temperatures, and of course, on-time delivery from farm to fork. As consumption patterns change, regulations vary, customer expectations rise, industry players are converging to create a seamless supply chain.
Connecting Intelligently For Cargo Mobility
The air freight industry, which has remained traditional in its processes and business models for a very long time has seen a perceptible shift on the back of advances both in operation and information technology in the last few years. For the industry to work more efficiently, the supply chain needs to generate a constant stream of data that can be collected, analysed and used to optimise productivity.
Benelux Building Capacity Through Infrastructure Additions
The Benelux (Belgium, Netherlands, Luxembourg) region has witnessed infrastructure growth, adding sheen to its traditional image as the main logistics gateway to Europe. Even as global cues suggest a slowdown, the air cargo community in the region remains optimistic of growth.
