After a period of economic uncertainty regarding the US trade policy and risks related to Brexit, global commerce is no longer sidelined. The rise in business confidence is translated into a robust recovery in air freight volumes in 2017 and North America is recording the highest growth rates.
When leaders of the United States, Canada and Mexico, members of NAFTA or North American Free Trade Agreement, meet this month in Washington, movement of goods and supply chains are going to be discussed seriously by the leaders of the trilateral trade block of North America. It is reported that the three countries will call for a potential overhaul of the NAFTA particularly after the US administration led by President donald Trump outlined key goals that include improving access for US goods exported to Canada and Mexico. It is also learnt that the Trump administration also wants much stronger labor standards in a new NAFTA, an outcome that could raise labor costs in Mexico and change the economic measures manufacturers have used in shifting factory work from the US to Mexico.
However, amidst all these geo-political concerns and after a period of economic uncertainty regarding the US trade policy and risks related to the United Kingdom’s vote to withdraw from the European Union, global commerce is no longer sidelined. According to data published by Airports Council International (ACI), the rise in business confidence translated into a robust recovery in air freight volumes in 2017, increasing by 11.1 percent year over year in May. According to ACI, airports across all regions demonstrated high growth during that period, but Europe and North America presented the highest increases, with growth rates of 12 percent and 11.9 percent respectively.
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AVIATION INDUSTRY: FUELING THE FUTURE WITH SUSTAINABILITY
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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 managerâs 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 IATAâs initiatives One Record and Interactive Cargo, technology is definitely making changes to efficiency.
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TRADE WAR ADDS CANADIAN FLAVOUR INTO CHINESE CUISINE
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From Booking Middlemen To Strategic Partner
Founded in the united kingdom in 1994, Air Logistics Group (ALG) has developed significantly from the traditional âgeneral sales agentâ 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.
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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 oneâs plate, there is a lot that happens along the way â 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.
