Jul 01, 2024
The pandemic challenged us in ways we never imagined, but it also demonstrated the resilience and critical importance of air cargo. Amar More, CEO of Kale Logistics, said that air cargo volumes are rebounding, driven by the resurgence in global trade and the rapid growth of e-commerce. This recovery is not just about returning to pre-pandemic levels; it’s about building a more robust, agile, and sustainable future.
The pandemic accelerated the evolution of business models within our industry. Traditional sales channels have given way to digital platforms, enabling more efficient and transparent transactions.
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e-commerce, in particular, has seen explosive growth. Consumers’ shift to online shopping during lockdowns has created a permanent change in buying habits. As a result, people are witnessing an increasing demand for faster, more reliable air cargo services. Our ability to adapt to these changes will define our success in the years to come.
“Amid these shifts lie significant opportunities. Cross-border e-commerce is booming, presenting a tremendous opportunity for air cargo operators. We must streamline customs processes and enhance our logistics capabilities to capitalise on this. Multi-modal transport, combining air with other modes of transportation, offers new efficiencies and environmental benefits. By investing in right logistics infra and adhering to stringent quality standards, we can solidify our role as indispensable partners to the pharma industry,” explained Amar More.
However, these opportunities are not without challenges. Regulatory changes, such as de minimis value adjustments, require us to stay agile and compliant. Geopolitical tensions can disrupt supply chains and create uncertainty. Navigating these complexities demands a proactive approach, constant dialogue with regulators, and strategic partnerships to mitigate risks and ensure continuity.
“Digitisation is the cornerstone of our future growth. ICAO’s Annex 9 on facilitation, UN Recommendation 33, and WTO guidelines are paving the way for a more efficient and integrated global air cargo system. By embracing digital tools, from electronic documentation to AI-driven analytics, companies can enhance operational efficiency, reduce costs, and improve customer satisfaction. Artificial Intelligence holds the promise of revolutionizing everything from demand forecasting to route optimisation”.
In this rapidly evolving landscape, collaboration is essential. The rise of integrators presents both a challenge and an opportunity.
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In conclusion, the air cargo industry stands at a crossroads.
“The path we choose today will define our legacy for generations. Let us embrace the recovery with optimism, adapt to changing business models with agility, seize key opportunities with innovation, address challenges with resilience, and drive forward with a focus on digitization and collaboration. Together, we will not only recover but thrive, leading the global economy into a new era of connectivity and prosperity”.
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Author: Anastasiya Simsek