Air cargo is one of the most dynamic industries in the world, and the growth prospects have been enormous so far. Even during the peak pandemic times, the industry facilitated the rapid distribution of COVID-19 vaccines worldwide. Despite the slump and sluggishness in recent times,...
Air cargo is among the fastest-growing industries worldwide due to its disruptive nature. Movement of critical cargo can be well facilitated with air freighters in less than a few hours from one country to the other. With this dynamic nature, air cargo facilitates 7.4 billion...
Cybersecurity is the second most increasing cause of concern for the Logistics industry. It is noted that around 40 per cent of Logistics companies globally have important questions about data privacy and security. When digital data is today’s Logistics gold mine, it becomes evident that...
Recently, there has been a growing trend of air cargo service providers developing or looking to develop e-commerce capabilities. And IT solutions providers have a major role in supporting these services. IATA research initially forecasted that the annual value of global e-commerce sales would exceed US$4.4...
International Air Transport Association reports that 52 million metric tons of cargo are transported every year through Air transport. In a nutshell, this accounts for 35 percent of global trade by value and US$18.6 billion worth of cargo every day. But the industry is bleeding...
As digitalization is gaining ground rapidly, the idea that cross-industry data sharing helps create safer, cleaner and more efficient shipping is indisputable. In fact, more and more territory should be delved into when it comes to exploring the benefits of data exchange and holistic solutions...
2022 has been a remarkable year for the air cargo industry. Right from soaring capacities to multiplying revenue and a complete bounce back from the pandemic days, there is so much to say. However, there were some misses, too, such as a lack of capacity...
In May 2022, the International Maritime Organization (IMO) announced fresh amendments to the existing FAL Convention. Port authorities, governments, and other regulatory bodies associated with the maritime trade are deemed to compulsorily follow these rules before 01 January 2024. The mandate suggests and emphasizes aspects...
COVID-19 pandemic has transformed global logistics in profound ways. How has this affected the Asia Pacific region? As with most other industries, the COVID-19 pandemic has indeed been a transformational period for global logistics. However, unlike most other industries, the decline in economic activity during the...
Christos Spyrou is the founder and CEO of Neutral Air Partner – a Hong Kong-based global network of air cargo architects and aviation specialists, and is also the founder and CEO of Aero Africa – an air cargo management group dedicated to providing African airfreight...