In this issue

In January issue of The STAT Trade Times, the Cover Story by Reji John talks about the demand decline in global air cargo which is the steepest since 2009.

Surya Kannoth’s Special Report takes us to the world of technologies such as AI, blockchain and IATA’s initiatives One Record and Interactive Cargo.

With her Industry Report, Blessy Chettiar explains how the aviation industry is joining forces to fight the menace of rogue lithium shipments.

In Leader Speak, Steven Polmans of Brussels Airport speaks about how he wants to position TIACA and make it relevant in the changing global trade, while Lionel van der Walt of PayCargo talks about how they help the industry to reduce costs, grow profits, increase cash flow, and improve liquidity.

Shalini Nair’s Focus reveals how the surging lobster business in Canada is built on the trade war between the US and China.

Also don’t miss our regulars –news roundup from air cargo, aviation, shipping, transport and tourism sectors and Executive in Focus.

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.

5 mins

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.

7 mins

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.

7 mins

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.

4 mins

Read all stories from The STAT Trade Times

The STAT Trade Times Magazine Description:

The STAT Trade Times is a multi modal international transport media, specializing in Air Cargo, provides in-depth coverage for the Aviation,Transport, Shipping and tourism industries. STAT TIMES, as it is popularly known, provides a ringside view of the latest developments in the multi modal transport industry worldwide. The Media’s integrated approach to news coverage is appreciated and used by the decision makers for their commercial benefits since 1986. Apart from the print media, the STAT Trade Times has also launched its Website as early as 1990 for the benefit of its high profile readers worldwide. This site is useful to professionals from Aviation and Air Cargo Industries. Breaking News related to Airlines strategies, Airport updates, Air Cargo, Air Traffic and Air Travel trends form a major source of latest information. The Billion Dollar News capsules provide encapsulated news for the benefit of its worldwide readers. STAT TIMES is news-specific.