Air Cargo Navigates Tighter Market with Crucial Technology Transformation
The global air cargo market is facing a challenging period following its post-pandemic boom, with declining yields and increased competition. The return of passenger aircraft has flooded the market with belly capacity, while a more reliable ocean freight sector is also drawing business away. In response, industry leaders are emphasizing the critical need for technological transformation and digitalization to enhance efficiency and visibility. Investing in automation, data analytics, and sustainable practices is now seen as essential for survival and competitiveness. This shift requires a collaborative effort across the supply chain to adapt to the new market realities.
Official Source: https://www.stattimes.com/air-cargo/technology-transformation-and-a-tight-market-1358851
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