Digitisation The Next Big Thing
The STAT Trade Times|February 2018

Digitisation and its futuristic approach is taking the global business landscape by storm and air cargo industry is not an exception. More than being physical, it is a mindset change. The winners will act now by forgoing resistance and embracing technology!

Shreya Bhattacharya
Digitisation The Next Big Thing

Rewind just six or seven years and you will find the air cargo industry happily transporting cargo believing it has mastered the art, until a wave of technology roiled and disrupted the well set standards.

In due course, the consumer base also became more aware and their rising expectations gave major goals to the industry to not only track and trace but also make the entire supply chain leaner. The air cargo industry, which was defined by its fragmented supply chain, comprising truckers, ground handlers, airlines, forwarders and shippers, was now in need for major structural redesigning.

Disruption was, therefore, here to stay and left a trail of buzzwords like analytics, automation, artificial intelligence (AI), internet of things (IoT), big data, blockchain, cloud and much more. With the structural redesigning of the industry, experts believe that supply chains will soon be replaced by supply networks.

Keeping this backdrop in mind, industry players are taking significant steps towards digitisation in order to streamline and simplify the supply chain right from the origin to the final destination.

Recently ground handler dnata partnered with IBM, Emirates Innovation Lab and flydubai Cargo, to test the use of blockchain to create a new value proposition for cargo service delivery.

Denne historien er fra February 2018-utgaven av The STAT Trade Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra February 2018-utgaven av The STAT Trade Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE STAT TRADE TIMESSe alt
AVIATION INDUSTRY: FUELING THE FUTURE WITH SUSTAINABILITY
The STAT Trade Times

AVIATION INDUSTRY: FUELING THE FUTURE WITH SUSTAINABILITY

Following rising concerns about climate change and the urgent need to reduce greenhouse gas emissions, the aviation industry is building a well-established strategy for sustainability. Thanks to technological advancements, innovative practices, and a strong commitment to environmental stewardship, sustainable aviation is emerging as the path to a greener future.

time-read
7 mins  |
June 2023
WHO IS CHANGING THE GAME FOR AIR CARGO?
The STAT Trade Times

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.

time-read
7 mins  |
January 2020
WAITING TO BE FILLED AIR CARGO CONTINUES TO BE IN THE DOLDRUMS
The STAT Trade Times

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.

time-read
5 mins  |
January 2020
TRADE WAR ADDS CANADIAN FLAVOUR INTO CHINESE CUISINE
The STAT Trade Times

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.

time-read
4 mins  |
January 2020
INDUSTRY RISES AGAINST DANGERS OF ROGUE LITHIUM SHIPMENTS
The STAT Trade Times

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.

time-read
7 mins  |
January 2020
GECAS, IAI Launch The B777 Freighter Conversion Programme, Freighter To Enter Service In 2022
The STAT Trade Times

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.

time-read
2 mins  |
November 2019
From Booking Middlemen To Strategic Partner
The STAT Trade Times

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.

time-read
4 mins  |
November 2019
FLA-PLA 2019 Call For Embracing Technology, Sustainability, Better Infrastructure
The STAT Trade Times

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.

time-read
5 mins  |
November 2019
Raising The Stakes On Perishable Logistics
The STAT Trade Times

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.

time-read
7 mins  |
November 2019
Connecting Intelligently For Cargo Mobility
The STAT Trade Times

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.

time-read
10+ mins  |
November 2019