The advances in aviation from its conception to the modern day are obvious. From the Wright Brothers pushing us into the skies to Concorde going supersonic, we have come a long way. However, with a world adapting and transforming faster than ever, how has aviation technology changed the way we use freight forwarding? Has it been plain sailing? What lies ahead for the industry?
When thinking about the technological advances that the air freight industry has produced, it is easily the most innovative distribution methods. Logistic organisations such as; DHL, TNT and UPS have lead the way in innovation in the air freight industry over the last decade and continue to grow.
One reason for this is the progression of automated identification technology and real-time systems being used. UK retailers spend £48.5 million each year on ‘Goods Lost in Transit’, however, these technological advances have significantly reduced this figure. Shipments can now be easily traced and this has led to a more confident and reliable air cargo service. Innovations like this have seen growth in recent years and this is forecast to continue to grow, as we are certain the modernisations will do too.
The technological changes have led to a more connected and streamlined form of freight forwarding. This has meant that growth has become steady across the sector and in July this year, we saw volumes continue to soar as forwarders anticipated a strong peak season. This peak season could lead to improved rates as forwarders up their capacity allocations, which will help improve growth rates. There is no doubt that improvements in aviation technology have led to freight forwarders increasingly seeing the advantages of air freight, and using it as a more cost effective and reliable distribution method.
The future of aviation in the world of freight forwarding is one of promise and growth. If we continue to revolutionise and cultivate the air freight industry as we have done over the last 15 years, the sky really is the limit.
Matt Dailly, Editor, FORWARDER Magazine