Are you craving for a Domino's pizza to reach your doorstep within ten minutes or eager to watch incredible gliding shots of Niagara Falls? Unmanned aerial vehicles (UAVs) are the quick fix to turn it into reality. In 1917, Charles F Kettering of Dayton, Ohio couldn’t have imagined that he will sculpt the idea of drones for cargo business in the coming years. His inventionof the giant mosquito-looking contraption called Kettering Aerial Torpedo for the US Army, nicknamed as ‘Bug’ due to its appearance, had a speed of 120 miles per hour with a payload capacity of 180 pounds. Developed during World War I, Bug was powered by a four-cylinder, 40-horsepower engine built by Henry Ford. Before the armistice, the Dayton-Wright Airplane Co. built fewer than 50 Bugs but it never saw combat. Finally in the 1920s, due to the scarcity of funds, the US army halted further development of Bug.
As per Research and Markets report, the global autonomous last-mile delivery market accounted for $9.98 billion in 2018 and is expected to reach $45.27 billion by 2027, growing at a compound annual growth rate (CAGR) of 18.3 percent during the forecast period.
For years, Amazon has been building an army of sophisticated flying robots and is ready to deliver packages in a few months. At Amazon’s re:MARS (Machine Learning, Automation, Robotics and Space) conference held in Las Vegas in June, Jeff Wilke, Amazon’s Worldwide Consumer CEO unveiled the company’s latest Prime Air drone design. The hybrid-designed drones can easily shift between two modes - from vertical to airplane mode, and back to vertical for take-offand landing.
This story is from the October 2019 edition of The STAT Trade Times.
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This story is from the October 2019 edition of The STAT Trade Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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.
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.
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.
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.
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.
GECAS, IAI Launch The B777 Freighter Conversion Programme, Freighter To Enter Service In 2022
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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.
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.
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.
Connecting Intelligently For Cargo Mobility
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