IATA’s head of e-commerce has warned air cargo stakeholders to prep for a “tsunami of e-commerce growth” in the sector
Speaking during the association’s World Cargo Symposium this month, Andre Majeres said that 20 percent of parcelled items had been purchased online, with that figure expected to exceed 33 percent by 2027, noting that even these expectations could be exceeded.
“Who are we to predict the growth? We had not foreseen this steady growth would grow faster and faster,” Majeres continued.
“This means we have a tsunami of new parcels to process. When the tsunami is going to hit your operations, are you ready?” adding that in the eight years to 2022, e-commerce parcel volumes had increased four-fold.
Despite the challenges this will bring the logistics sector, surging growth in the e-commerce markets has brought what one logistics operator described as “tremendous opportunities”.
Sales officer at e-commerce logistics platform Box C, Craig Strickland said that for those wishing to take hold of the opportunity, operational excellence would be “crucial” for any success, particularly given the swift delivery expectations of online shoppers.
“You must be sure your processes are fit; they must be extremely fast, and extremely strong,” Strickland noted. He added this also meant it was “vitally important” that any budding e-commerce logistics operators ensure their “whole team is changing their mindset” and that management recognised the “need to invest”.
Hong Kong has been particularly hot on this – flag carrier Cathay Pacific estimates that 50 percent of its volumes are e-commerce and its airport has invested heavily in catering to this.
As Voice of the Independent, No.147
.jpg "INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA)")
.jpg "VIETNAM CHAMBER OF COMMERCE AND INDUSTRY (VCCI)")
.jpg "VIETNAM LOGISTICS BUSINESS ASSOCIATION (VLA)")
.jpg "CHUBB INSURANCE")
KNIGHT LOGISTICS - HCM HEAD OFFICE
81 Street No. 6, Cityland Residence, Ward 10, Go Vap District, Hochiminh City, Vietnam.
Office Tel.: 0084.28.7300.4422 (ext: 108)
Mr. John Ho (Mobile: 0084.938.70.48.48)
www.knight.com.vn
Room 619, 6th Floor, Thanh Dat 1 Building, No.3 Le Thanh Tong Street, May To Ward, Ngo Quyen District, Hai Phong City, Vietnam.
Office Tel.: 0084.28.7300.4422 (ext: 108)
Ms Luong (Mobile: 0084.938.60.80.50)
Room 15, 7th Floor, Viet A Building, No.9 Duy Tan, Dich Vong Hau, Cau Giay, Ha Noi, Vietnam.
Office Tel.: 0084.28.7300.4422 (ext: 108)
Mr Johnny Hoang (Mobile: 0084.938.30.80.60)
6th Floor, Duong Viet Building, 30 Nguyen Huu Tho Street, Hoa Thuan Tay Ward, Hai Chau District, Da Nang City, Vietnam.
Office Tel.: 0084.28.7300.4422 (ext: 108)
Ms Nancy Pham (Mobile: 0084.901.82.79.82)
Office Tel.: 0084.28.7300.4422 (ext: 108)
Mr. John Ho (Mobile: 0084.938.70.48.48)
Hotline
.jpg "VAT CUT PROPOSED TO PROP UP ECONOMY")
.jpg "KNIGHT LOGISTICS - A REMARKABLE ACHIEVEMENT AT VLF 2024"){kind=avatar}
_640x360.jpg "VIETNAM FOOD ASSOCIATION OFFICIAL SAYS NO IMMEDIATE PLAN TO CURB RICE EXPORTS")
