IATA Says Air Freight Industry Needs More E-Cargo Partnerships

IATA Says Air Freight Industry Needs More E-Cargo Partnerships

The International Air Transport Association has called for strong partnerships to promote air cargo competitiveness through e-commerce technology.

The announcement was made at IATA’s e-cargo conference, held in Geneva this week.

“An electronic revolution is transforming logistics and transport, creating a fundamental change in the security, safety, efficiency and reliability of air freight,” said Des Vertannes, IATA’s global head of cargo, at the conference. “Now we need to drive action through strong partnerships across issues such as e-customs, advanced electronic information, the digitization of transport documents, e-cargo security and e-Air Waybill implementation.”

IATA estimated that the air cargo transport industry will handle only 1.5 percent more cargo in 2013 compared with the previous year, while yields are expected to fall 2.0 percent, and revenue will be down $4 billion to $62 billion versus 2010.

“Air cargo remains in a tough trading environment as load factors fall and costs, especially fuel, stay high,” Vertannes continued. “So it is vital that the industry work together to facilitate the introduction of new processes and technology such as e-cargo, in order to improve competitiveness and boost demand.”