Cargo Industry Challenges and Way Forward
Economies in Asia are growing rapidly and industrialized world can make most of it by providing these economies
International
trade is carried out through cargo companies and freight forwarders. UK export
to Pakistan and around the globe is also facilitated by the same either through
air or sea channels.
The
companies like other service providing sectors face certain challenges other
than hazards in
Sea Cargo |
Capacity
at seaports and airports is being enhanced, facilities like
temperature-controlled storage places are being built and new airports are also
added. The pharmaceutical industry and perishable goods’ transportation require
special arrangements which are not available on all freight handling areas.
Economies
in Asia are growing rapidly and industrialized world can make most of it by
providing these economies with the required stuff for progress and development.
Among the many uphill tasks, the foremost is to meet the growing demand for air
cargo space due to the unprecedented growth of e-commerce around the world.
The emergence of the strong middle class with
a boom in their income very much affords to purchase goods from industrial
world retailers directly.
With these facts, things are getting tougher
Rates
of air cargo are also now more competitive than ever before which also help the
sector to attract more business. On the other hand ocean cargo is getting swift
and ensures delivery of goods within days rather in weeks. With these facts,
things are getting tougher for both main competitors within the cargo industry.
Air cargo has been considered more
reliable than sea cargo and for this reason, alone people are ready to pay a
higher price for the delivery of their products. The other challenge for the
air cargo industry is the adoption of technology. Nearly ten years ago
electronic airway bill was introduced which now has been adopted by the whole
sector.
Delays and errors are now rare due to electronic airway bills
With
the inclusion of technology, inefficiencies can be avoided and customer
satisfaction can be achieved. Delays and errors are now rare due to electronic
airway bills.
It
is an example of combating the inefficiency there are so many other issues
which can be resolved by adopting technology but how much time it will take is
a big question. As the sector starts using digital technology it will move
ahead in efficiency and customer satisfaction.
With greater ease of trade between the two countries
Clients
on the other side want to get their consignments delivered in shortest possible
time and at the doorstep of the receiver. For this free trade agreement and
minimizing the number of documents required for export or import is necessary
which is in the hands of the governments.
Freight |
UK
and Pakistan are moving towards less restricted regime for trade between the
two and feedback from the traders and businessmen are also helping them to
achieve the task. With greater ease of trade between the two countries, the
businessmen will take advantage of the opportunities present in the two
countries.
In
the coming days while tackling the challenges UK cargo industry expects more
goods transportation from UK to Pakistan.
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