Due to the impact of maritime pre-transport, the trans-Pacific air freight market is facing challenges of shrinking demand and low freight rates. In the coming months, it is expected that both air freight volume and rates will struggle to recover. The industry needs to reassess market strategies to tackle these challenges.
The international air waybill serves as a transportation contract between the shipper and the carrier, functioning as a receipt for the goods, a freight bill, customs declaration, insurance certificate, and a tracking document. It ensures the safe transport of goods and enhances circulation efficiency.
In this episode of the podcast, Jeff Berman engages with Brandon Fried, Executive Director of the Air Cargo Association, to delve into the challenges and opportunities within the air cargo industry. They emphasize the significance of technological advancements and adaptable management in navigating market fluctuations, and look ahead at future developments and best practices in the industry.
Out-of-box goods refer to standalone items that cannot be transported using standard containers. Although the transportation process is relatively complex, this method is particularly crucial for specific goods such as construction equipment and manufacturing materials. Understanding the characteristics of out-of-box goods can help companies enhance efficiency and safety in logistics.
Properly loading containers is crucial to prevent damage to cargo during transit. By employing effective stacking, compact packing, securely fastening cargo, and understanding specific requirements, you can significantly enhance transport safety and reduce losses and risks.
Bulk cargo refers to loose goods that are not packaged and is categorized into liquid and dry cargo. It plays a crucial role in global trade and is associated with bulk loading methods such as barrelized fuel and bagged cement. Understanding bulk cargo helps enhance knowledge of logistics and market dynamics.
This article delves into the significance of the Original Bill of Lading (OBL) and its release process, emphasizing its role in international freight and the necessity of communication with suppliers. It provides effective recommendations for efficient logistics management.
The IATA World Cargo Summit was held in Dubai, focusing on safety, sustainability, and digitization. Director General Walsh highlighted the industry's strong adaptability while discussing future challenges and opportunities. Participants are eager to drive air cargo into a new era of development through innovation and collaboration.
Jan Krems has been appointed as the President of United Airlines Cargo, symbolizing the maturity of the air freight industry. With a career spanning multiple countries, Krems views air cargo not just as a job, but a lifestyle. In response to market changes, he emphasizes the need for industry education for shippers and advocates for collaborative innovation to compete with maritime shipping.
Tan Son Nhat International Airport in Ho Chi Minh City is Vietnam's largest international airport, showcasing strong capabilities and potential in both freight and passenger services. By collaborating with global e-commerce platforms and implementing efficient customs clearance and warehousing services, it enhances the convenience of international trade and promotes economic development.
