As the air cargo sector slowly but surely emerges from its prolonged slump, industry leading publication, Payload Asia, continues with its highly successful Payload Asia Conference which it initiated in 2012.
What can be done to sustain the current upward trajectory in the air cargo industry?
The continued positive growth of air freight in 2017 is seeing a steady rise, which is consistent with the demand for new global export orders, according to the International Air Transport Association (IATA). This increasing demand is outpacing capacity growth and proves positive signs for yields. Examples of which include the shipment of silicon materials typically used in high-value consumer electronics.
As we approach the last quarter of the year, we look forward to 2018 – will this growth spill over, as has happened with the positive results from the end of 2016? What needs to be done to sustain this upward trajectory? What are the possible challenges that could come up and how can we as an industry overcome them?
Are drones inevitably the future of air freight
Unmanned aerial vehicles, airships and drones have the potential to immensely impact the air cargo industry. With efforts in place for developing such technology, drones are positioned to be a cost-efficient solution for the express delivery of perishable goods and urgent-transport items. Drone deliveries are also especially attractive to make deliveries to rural areas and/or large cities with problematic ground transport, were traditional methods have to constantly contend with complex logistics.
What are the capabilities and limitations of drone technology? Will drones allow shippers to become the movers of cargo, setting up their own intercontinental distribution network from production through to the end user? How can the air cargo industry leverage on such technology?
The importance of digitisation in the supply chain network
Opportunities entailing the implementation of digitisation are seemingly incessant, transforming the supply chain to be more connected, efficient, agile and customer-focused. The traditional supply chain is a series of largely discrete and distinct silo functions. Digitisation could potentially break down those walls to form a transparent and integrated ecosystem for all stakeholders.
Where do we currently stand as an industry in this technology curve? What are the benefits in adopting digitisation? What solutions are present in the market that can help the air cargo industry to integrate?
Achieving operational excellence in every area of air cargo ground handling
Many airlines today subcontract their ground handling activities. According to the International Air Transport Association (IATA), estimates indicate airlines outsource more than 70 percent of the ground handling that takes place at some of the world’s largest airports.
There are certain items that could endanger the safety of an aircraft, patrons on board a flight and those who come into contact with them on the ground. Therefore, rules, regulations, restrictions and bans are in place, not just to increase the workload by emphasising proper packaging, labelling and documenting, but to ensure safety. The debate of dangerous goods goes much further than just lithium batteries, how up to date are we (especially our subcontractors) on the list and proper handling procedures of dangerous goods?
Ground handling addresses the many service requirements of an airliner from the time it arrives at a terminal gate until the time it departs on its next flight. Flight safety, safe ground operations and security are paramount. However, speed, efficiency, cost and accuracy are also important, in order to minimize the turnaround time. But the question remains, are we placing speed and cost savings above security?
What should one consider when choosing an outsource partner? What are the success factors that lead to a profitable and mutually beneficial partnership?
The evolution of the air cargo terminal and ways of future proofing
According to industry projections, the air freight market is growing at an annual growth rate of around six percent until 2030. Industrialisation and globalisation has created an enormous need for freight transport, and the world’s cargo terminal infrastructure is under pressure- improving to keep up with projected growth is essential. Greater mobility will require greater capacity at these terminals.
What are the rising trends and considering issues for the future? What technologies, automation and robotics can be put in place to transform the cargo terminal? How does the role of cold chain play a part?
How can big data analytics be used to drive profits
The large volume of data generated by businesses on a day-to-day basis is critical, and what businesses do with the data is a matter of importance. Analytics can be used to analyse such information to generate insights, leading to better decisions and strategic business moves. The ever-changing air cargo industry can leverage on this to make meaningful market predictions and wiser decisions for the future.
What is the current status of the air cargo industry in the use of big data analytics? How can stakeholders use the results to improve bottom line, increase customer satisfaction and operational efficiency?
*Conference topics are subject to changes without prior notice