Sorting the lemons from the lies in airfreight booking
When will the money run out?
© Tatsianama
Despite some recent positive gains in sea freight rates, the trade is expected to remain unprofitable not just for carriers, but also for the freight forwarders which book the cargo.
According to a new survey of senior freight forwarding executives released this week, only 17% of respondents believe ocean freight forwarding services are unprofitable, with 11% believing the same of air freight forwarding and 3% the same for road.
“This is a fundamental change,” says the survey report. “Overcapacity, declining oil prices, rising labour ...
Comment on this article
Nick P
June 17, 2016 at 2:29 pmThe air-cargo industry needs to modernise its technology to deliver the Customer’s expectations. Technology in and of itself isn’t the panacea though. Air-cargo businesses need to change their business processes to take advantage of the already available technology (let alone the new stuff coming through). It’s through those changed business processes that true value will be extracted.