Three Priorities for Air Cargo
From Tony Tyler, IATA’s Director General and CEO at the opening of the 9th World Cargo Symposium in Shanghai, China.
“Air cargo has had a challenging few years. 2014 saw the first significant boost in volumes since 2010, a trend we expect to continue this year. Revenues, however, are still down from the 2011 peak, and yields are falling for the fourth straight year. I am a cargo optimist. But business improvement will only come by constantly improving the value of cargo. There is a long haul ahead to recapture lost revenues, nevertheless the prospects for the future are bright because the industry is really starting to act strategically and plan for the future.”
From IATA (International Air Transport Association) – The call for action on three vital aspects of the air cargo business:
- Transitioning to paperless freight processes
- The industry is aiming to achieve 45% e-AWB (e-Air Waybill) penetration in 2015 and 80% in the following year.
- Focus on global handling standards for pharmaceutical freight
- The industry needs to meet customer demands for the integrity of their goods, while complying with increasing amounts of regulation from global authorities.
- Tough action to ensure the continued safe transportation of lithium batteries by air
- “The industry is doing what it can, but without oversight, surveillance and where necessary, enforcement, compliance at the source of the shipment will be limited,” said Tyler.
To read the press release: IATA
Leave a Reply