Trends in the Air Freight Industry You Should Know - VSL Logistics Ltd

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Trends in the Air Freight Industry You Should Know - VSL Logistics Ltd

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With most of the ports getting swamped with cargo, people are now moving to air freight cargo to have their goods delivered to the target destination as soon as possible. – PowerPoint PPT presentation

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Title: Trends in the Air Freight Industry You Should Know - VSL Logistics Ltd


1
Trends Freight
in the Air Industry You
Should Know
2
Like any other business, the air freight industry
has experienced a lot of fluctuations in its
demand and supply chain since the pandemic. The
2020 pandemic put every industry under great
pressure, making it really difficult for freight
forwarders to operate normally. The demand for
air freight is still high, but the operators are
facing challenges in keeping the freight
services smooth and operational. The business
looks completely different from the pre-pandemic
air freight industry that was expanding rapidly.
There are a couple of trends we are expecting to
see in the post-pandemic world as well. It looks
like the COVID crisis has set new standards for
every industry, especially online shopping. Not
only has it impacted businesses, but this shift
to online shopping has also brought one of the
most significant transformations in the shipping
industry. With most of the ports getting swamped
with cargo, people are now moving to the air
freight cargo to have their goods delivered to
the target destination as soon as possible. Here
are a few trends we might see in the global air
freight industry in the coming years. The growth
of eCommerce This industry is not slowing down
anytime soon. eCommerce was already flourishing
before the pandemic, but the COVID attack led to
high demand for online shopping. Moreover, now
that customers are more concerned about their
safety, they prefer online shopping channels
instead of the traditional buying methods. It has
also opened up quite a few exciting opportunities
for people. For instance, they can now compare
the goods and services offered by the global
brands and have their products supplied to their
doorsteps. The International Air Transport
Association has clearly mentioned that the cargo
demand is expected to exceed the previous years
demand. Global Businesses on the Rise One benefit
of an eCommerce business is that it allows you to
expand your outreach to a global audience.
Marketing strategies, that once looked
impossible, are mainstream today. More and more
businesses,
3
including the ones operating on a small scale,
are now expanding on a global level. The sudden
growth of global trading has led to an increase
in the demand for air freight. Retailers and
wholesalers operating globally are looking for
reliable and professional freight forwarding
companies to have their goods delivered to their
customers in the most efficient way.
Scarcity in the Air Cargo Capacity Tight space in
both air and ocean cargo has become a serious
issue for suppliers since these are the only
channels that offer fast shipment. According to
the latest report by CNBC, Boeing has decided to
turn their passenger jets into the cargo fleet
to meet the sky-high shipment demand. Not only
is it building new airplanes, but the company has
turned around 737 customer fleets into cargo
planes to meet the growing eCommerce demands.
These are mostly the outdated passenger fleets
that will be used to transport the Amazon and
other eCommerce products between different
countries. The air freight emerging as an
omnichannel is also expected to be a new trend in
the coming years.
4
Same-day Delivery The same-day delivery service
is another trend thats expected to stay. People
want their goods delivered within the same day of
placing an order. Fortunately, many cargo
shipping providers offer same-day delivery
services, supplying the goods within 24 hours of
ordering. Not only does it offer convenience,
but the same-day delivery comes with many perks
that make it one of the most suitable choices for
retailers. Although these services cost you
higher than usual for cargo transportation, they
are worth the extra money.
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