AirCargo

Air cargo means a shipment, products or other articles transported by aircraft. The importance of fast shipping has greatly increased in the digital era. The air cargo industry has been critical to the economy, but also to people. Further, it has narrowed the gap between people around the world by transporting and delivering shipments in a short period of time, particularly during the recent pandemic. The delivery of items via cargo planes is the fastest way among other modes of transportation. While other modes of transportation, for instance, shipping, rail or road transport, usually take days or weeks to deliver the items, air transport makes the delivery of items in just a few hours.

Air cargo transports over US $6 trillion worth of goods annually, accounting for approximately 35% of world trade by value.

Types of Air Cargos

The various types of cargo transported by air are divided into two main categories: general cargo and special cargo. Special cargo is where things get a little more complicated. Special cargo are goods that, due to their nature, weight, dimensions, and/or value, may have specific requirements including packaging, labelling, documentation, and handling through the transport chain.

For years, the global air cargo market has served a multitude of concerns surrounding the transportation of goods and consignments, and with the rise of global air cargo demand, the complexities in the sector increased. To name a few complexities, such as the lack or loss of documents that delay processing, manual processing at various states, including booking, agents, and incorrect data entry, the Air Cargo domain has been striving to prevent maximum revenue leakages.

Scope and Growth of Air Cargo Industry

Over the years, digitisation has been instrumental in growing the global air cargo industry. With the advancement in technology, the transportation operation got smoother and instant. The key drivers contributing to air cargo industry are increased E-commerce demand, faster delivery of shipments as compared with other logistics solutions, and rising popularity of consolidated air freight service, the transportation operation got smoother and instant to name a few.

Over the years, digitisation has played a crucial role in the growth of the global Air Cargo Industry. With the advancement in technology,

Air Cargo is considered to be a reliable and faster mode of transportation.

The global air freight market was valued at $270.2 billion in 2019, and is projected to reach $376.8 billion by 2027, registering a CAGR of 5.6%.

Role of Statwig’s AirCargo Solution

AirCargo is an innovative solution that meets the challenges of the air cargo industry, especially in shipments of goods. The AirCargo solution offers a range of features that make it easy for airports, logistics partners, and airlines to streamline their cargo operations and improve efficiency.

This innovative solution is designed to help cargo stakeholders in the airline industry overcome the challenges they face and improve overall cargo operations. Further, it helps enable organizations to achieve secure and smooth air cargo operations. For more details about the solution, you can look at our solution page or book a demo.