Tag: IATA

  • Cargo to Africa; Improve Yourself With New Activities

    Cargo to Africa; Improve Yourself With New Activities

    Creation of new horizons for remote corners policy

    The growing tension between China and the US’s two rival countries has given ample space for devastating shipments. The African air cargo market is the main market for perishable exports. It is interesting to know that the African continent is rapidly transforming with digital transformation through a significant increase in infrastructure and liberalism. As a result, it has strengthened air cargo to Africa.

    It is also well suited to the economies of African countries that are resolving themselves by stating the way they work with old infrastructure.

    How much does cargo contribute to Africa?

    Statistically, Africa accounts for 1.7% of air cargo. However, there is a tremendous growth of African carriers. The International Air Transport Association (IATA) has seen rapid growth over the past two years. In addition, efficiency will increase by 17.1% due to healthy trade and investment connections.

    To ensure this, ICAO Council President Dr Olumuyawa Benard Alio warned that only strong air connectivity in Africa could lead to sustainable development of Africa. It is very clear, he stressed, that this is only possible in reasonable and maximum investment.

    How China Promotes Cargo to Africa

    China has taken advantage of this investment gap as the world’s strongest emerging economy and has already spent a significant amount of time in the cargo sector.

    The $ 60 billion investment from China in Africa’s cargo sector is a big plus. And with this investment, African countries are strengthening their infrastructure and fleet. This has contributed greatly to Africa’s cargo industry, seen by major African countries in South Africa, Mauritius, Ghana, Nigeria and Ethiopia as efforts to improve cargo facilities and related services.

    African Air Cargo benefits greatly from this. Africa’s minority share in cargo makes it an excellent place to grow further from cargo in the African region. Being an abundant port, Africa relies heavily on its ports. It is important that one third of African countries occupy land and have exclusive access to the maritime global market.

    What is being communicated?

    African countries such as South Africa export diamond and gold to industrialized countries. It is very important to carry precious metals in high security handbags. Africa’s small share of global trade has been widely debated, and economists have argued that this low share of Africa is due to insufficient income, poor geography, local constraints on international trade, and increased transportation costs and low infrastructure.

    Due to the Experts believe that the shipping delivery period is important because increasing the shipping duration increases the cost of the inventory process. For example, readable materials such as delicate items and newspapers such as ornamental plants and flowers definitely need quick delivery. What’s more, the stock in transit must be in the required amount.

    Ground Reality and Future Projections

    The cargo industry operates in partnership with various stakeholders or is known as a major source of freight services. Certainly, these stakeholders provide the basic and convenient infrastructure to implement cargo services for each and every operation of the cargo company, and without it, the cargo industry means nothing.

    For example, the company plays a major role in this case with airports around the world, providing a basic and expansive platform for the implementation of cargo carriages and deliveries.

  • A Wave of Fresh Air for Africa

    Rise in air freight demand gives an optimistic direction to the continent

    Africa is a region facing various critical economic situations. Many areas are facing draught and children are suffering from malnutrition. Then there is the problem of sea piracy prevailing, it shifts from one region to another according to the security conditions. Rise in the air freight demand is certainly good news in such situation where one cannot think of development. The rise is not a temporary condition; there is gradual increase in it and in the current year it is still rising.

    One pointed Reason of the rise:

    There is one major reason for the rise as indicated; the shipment of silicon materials is one underlying reason. The silicon materials are used in high-value consumer electronic and obviously are an important element in the build up. This shipment is done through air and not through sea, that is may be the reason why the air freight demand is increasing.

    Impact of Increase in Freight Demand:

    IATA’s Director General and CEO have stated some very positive impacts of the increase and one of which is the optimistic impact that the increasing exports are having on the businesses. The rise is after six years of uncertainty that the market experienced and it is certainly returning the confidence of the investors as well as the traders. Many cargo companies like Cargo to Africa plays vital role in the development of cargo business and goods transfer to and from Africa.

    The story does not end here; there is still a lot of area to be covered by the continent in order to make the situation more favorable for the rise in living standards of the citizens. There is only one region in the continent that has everything for the occupants and that is South Africa. It is responsible for a major portion trade in the continent and due to the exporting power, its economy is strong and it is a partner to many strong global countries.

    What is needed?

    The question which is most important is that how the earned capital will reach the common man? Because if the reforms are not done from the lower level, the betterment of the people cannot take place. For this, the authorities have to make effort and eliminate the elements that are disturbing the whole system. First one is corruption, then there is a lack of communication among the institutions and these two things contribute a lot to interrupt the even flow of money to all levels.

    Findings of IATA:

    Africa air freight demand is the leading one in the global market. According to the figures given by International Air Transport Association (IATA), Africa showed the highest rate of year-to-year increase and the increase is not specific to any demand, it is in all regions. The recorded increase is not specific to any one region, but all in general have shown the rise.

    The freight volumes have grown to 33.5 percent and the capacity of the region has grown to 6 percent as compared to last year. If we see in the present year, since the start of this year, the rise has been recorded as 11 percent and the capacity has risen to 3.7 percent in the mean time.

  • Future Prospects of Cargo Handling for Africa

    Air Freight from England to Africa will be double in coming years

    The old standard procedures have been replaced by the ways modern technology is involving and new operating rules. Now almost every single product can be transported to every part of the globe wherever a particular item is in demand.

    People related to Air cargo business have taken it to such levels that allow traders of all types to find new markets in different regions for items they have been dealing in.

    In pursuance of a cool chain with temperature maintaining facility from end to end has been provided on different airports for medical science products and other perishables. To cut short the time required for operations trained and well-equipped workers are today present at every stage.

    Due to wide scope in the field many new companies have joined the business so a sense of competition is also there to serve better the clients to retain their share of business.

    Potential of the continent

    Cargo from United Kingdom to African nations are on the rise as the continent is habitat of fifteen percent total world population and air freight share is just three percent. So there is huge potential that need to be exhausted. The recent repot of international air transport agency about African air cargo to and from Asia has suggested notable growth as compared to previous year first month.

    In the same way business sector of England is ready to find out areas where it can stuff its products. Introduction of new products through modern means of communications in the region has created reasonable demand so there is good amount of freight forwarding activity both in seas and by air for many countries of this land mass.

    Free Trade Zone in Africa

    One of the big steps that are part of plan is making Africa free trade zone and it would further improve relations with Commonwealth countries of the continent. After leaving the economic union of Europe such undertakings were likely to be initiated by the country that has competitive industrial base. With aforesaid countries, England has been planning to create a zone that has no barriers of trade so that could become hub of business activities in the continent.

    Trade relations with developing nations have become much more important particularly after Brexit. This plan of free zone would engage twenty-six countries in total, so a good presence of region certainly makes it a success for everyone.

    Renewal of Economic Agreements with African Nations

    With such trade agreements, there will be great increase in cargo services transportation through both means air and sea. The present resources allocated to this route for goods transportation would also become too little and hopefully new companies will join in to fill the vacuum.

    When United Kingdome joined European Union, it came out of all agreements that it would renew now for its future business. Thus there is much more to do on part of UK to sustain its exports and industrial output. That is why the authorities have been acting proactively to make sure that there will be no issue with companies having base in the country.

  • Air Cargo Africa 2017

    Record presence of International Exhibiting Companies

    To let the world know how capable African continent is to become one of the greatest markets of world products and to explore the possibilities for air cargo industry in this regard there was “Air Cargo Africa 2017” held from 21st to 23rd February.

    It is a mega event this time and for last three years to provide a platform for world leading companies and air freight key players of the region to communicate possibilities to exploit the real advantages for their activities and cargo to Africa. To strengthen networking in the region it is the best place to know where in this emerging new world market companies should focus.

    Visitors from twenty-nine nations of this part of the world and thirty-two other countries that were interested in finding business opportunities gathered there. Apart from that a record eighty international exhibiting companies were present there and that proved it a successful event for air cargo activity enhancement.

    Leading Cargo Entities at Event

    The industry-leading cargo carriers and award winning services has participated in the gathering in Johannesburg. It is Saudi Cargo Company that is an independent entity and has ambitious plans to make most of its resources in this business since its inception in 2008. With such highly reputed participants there are definite chances of improved facilities for the region where huge potential has been explored. A good number of debutants were also there to take part in this conference that would decide future of the industry particularly in this part of the globe.

    Challenges and Opportunities of Cargo Industry

    Numerous subjects related to this very activity remained under discussion among the participants during three days. Apart from focusing on opportunities the challenges were also concern of the representatives present there. All these activities are directly related to the economic activity of Africa and its future shape. The contribution towards growth of airfreight industry is due on all key players and it is so as they want to get benefit.

    South African Airways Cargo General Manager stated as being major player the authority would be glad to take significant steps to set example for others. Industry forecast department of International Air Transport Association IATA has identified this region as the fastest growing for air cargo operations. The annual increase in air freight volume is expected at 3.2 percent and it has pushed further the players to concentrate there.

    Consistent Economic Growth is base for air cargo activity

    Similar kind of report of International Monetary Fund has been released about Sub-Saharan countries with facts of last five years of economic growth that is 4.8 percent and it is really encouraging as no other emerging region near to that mark. That is why this part of the world has assumed critical importance for this very sector.Previously participants were mainly from the countries of the continent but now record participations from around the globe have made it worth noticing for those that have missed it. The untouched natural resources also have great potential to turn around fate of the region by manifold increase in economic activity.

    Previously participants were mainly from the countries of the continent but now record participations from around the globe have made it worth noticing for those that have missed it. The untouched natural resources also have great potential to turn around fate of the region by manifold increase in economic activity.