What Is Air Freight? - Its Benefits & Importance for Business
by Nihao Logistics import and export servicesThe transfer and shipment of
goods by airlines or commercial—is known as air freight package delivery. Such
items are transported worldwide so that airplanes can fly and land outside commercial
and passenger airline portals.
Usually, when an exporter needs
to convey their goods in a hurry, air freight services are the alternative they go for. Additionally, it is favored when the volume
is quite little and the freight value is high.
According to IATA, air freight
works as a trade facilitator and generates millions of employees worldwide. The
ability to provide consumers around the world with high-quality goods at
reasonable rates is essential to the global economy. According to IATA, over US
$6 trillion worth of cargo is transported via air each year, making up around
35% of global trade in terms of value. There is a tremendous amount of demand
and air freight.
The
Advantage of Shipping by Air Freight:-
1. Speed and reliability-
In air cargo
shipping, speed may be the most significant advantage, with same-day delivery
possible. This mode of transportation also provides reliable arrival and
departure times.
2.
Security –
The strict
regulations and screenings at airports can be a hassle for people who fly, but
it benefits air freight shippers. Cargo receiving areas and air terminals are
well monitored and secured, decreasing theft and damage risks.
3.
Locations served -
There
is no location on the planet that cannot be serviced by air. Airlines are
capable of providing air cargo to nearly every location. Air freight companies can also arrange direct links
between multiple sites.
Airfreight Market in India?
India
is a "very important market," according to Europe's IAG Cargo, which
represents the cargo operations of five airlines, and the company expects to do
more business there. IAG Cargo, a branch of IAG Group, manages the air cargo
operations of British Airways, Iberia Cargo, Spanish airlines Vueling and
LEVEL, as well as Irish carrier Aer Lingus.
This
year in august, volumes at Indian airports saw a 29 percent 12-month growth in
freight, trying to reach 264,510 tonnes. This number is expected to rise as new
infrastructure supports the roll-out of handling capabilities outside of the
current centers.
The
platform has now been set for air freight to grow into the leading sector of
India's globalized future, according to Lewis Burroughs, manager for aircraft
at consulting group ICF. "In present-day India, has witnessed the
rapid growth of digital infrastructure for cargo handling, airport cargo
infrastructure, and collaborative partnership models wherein all stakeholders
manage cargo government-to-government.
How Airfreight Business Can Make
You Money?
Nowadays,
many freight forwarder companies around the world are asking about this extremely
necessary topic. One of the major
issues that many freight forwarders have to deal with, especially in these
difficult times, is achieving and maintaining profitability.
In
order to ensure that the cargo is picked up from the seller and delivered to
the buyer at the chosen place, at the correct price, and in the same condition
as it was picked up from the supplier, freight forwarding must use the best
resources and route options.
In
order to be profitable in the freight forwarding industry, expenses must be
reduced, lowered significantly, or maintained over time But like other businesses, freight forwarding
contains variable, fixed, mandatory, and extra costs, therefore it is easier
said than done.
1. Variable costs
2. Fixed costs
3. Statutoryary
costs
4. Incidental costs
5. Then there is the price of doing business, which
costs involves market research, negotiating, and carrying out transactions.
Conclusion:-
Nihao Logistics offers its users complete transport
service from origin to destination. Service provision may vary depending on
origins and destinations but the main aim of Nihao Logistics is to assist in
transporting goods around the globe in a safe, reliable, and timely manner.
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Created on Dec 12th 2022 03:23. Viewed 99 times.