Governments should remove the current bilateral system and liberalise the air cargo industry to boost growth, a leading group has claimed, which would lead to major changes in
supply chain strategy worldwide.
The International Air Cargo Association (TIACA) has claimed that this would improve market accessibility, create "new economy highways in the sky" and allow countries to quickly and efficienty deal with other countries.
Daniel Fernandez, secretary general of the organisation, told crowds at the Asia-Pacific Economic Co-operation USA 2011 conference that it is the partnership between logistics and manufacturing that boosts economic development.
He said: "Using traditional ocean transportation, exporters in most developing countries are at a considerable shipping time disadvantage compared to domestic producers. Air cargo goes a long way towards levelling the temporal playing field."
The Financial Times recently claimed that reliability and punctuality have replaced speed as the top
logistics strategy concerns for companies due to the risk-averse nature of the global economy.
If you are interested in learning more about Transport, visit our Service pages
