After a
six-year hiatus due to the global pandemic, STAT Media Group is gearing up for
the event with conference programmes
packed with high-calibre speakers and thought-provoking discussions. This
year's Air Cargo China exhibition and conferences promise to be a major event,
bringing together industry leaders to navigate the ever-evolving air cargo
landscape. STAT Media Group is at the forefront, curating a programme that
tackles the most pressing issues facing the sector.
The conference kicks off with a much-anticipated keynote
address by Mark Drusch, the newly appointed Chief Officer Cargo at Qatar
Airways, the world's largest cargo carrier.
His
keynote, titled 'The air cargo industry must modernise,' in which Drusch will
delve into critical questions such as: Why does air cargo lag behind the
passenger aviation business in terms of modernisation and digitisation? With
the proliferation of digital commerce, how can the air cargo industry bring
speed and visibility across the value chain? He will explore what can be
learned from the passenger aviation business and how air cargo stakeholders can
implement these lessons to become more efficient. If not now, when? Also Read -
ALG celebrates 20 years in India; promises regional expansion Immediately after the keynote, Drusch joins
a panel discussion titled "Airborne Commerce: Navigating the E-commerce
Revolution in Air Cargo Logistics". This session, moderated by Reji
John, Editor of STAT Media Group, will explore the surging role of e-commerce
in air cargo.
The panel boasts a lineup of industry experts
that includes Thomas Yu, Senior Director Global Hub Operations, Cainiao; Kerry
Davis, Head of eCommerce, Teleport; and Coco Sun, Group VP of eCommerce
Logistics, Gotofreight. Industry reports indicate that cargo volume from
cross-border e-commerce channels comprised 10% of the total air cargo volume.
By 2022, this figure had doubled to 20%, and it is projected to reach
approximately 25% by 2027. According to IATA, one out of every five parcels
currently transported by air has been purchased online, with this ratio
expected to grow to one in three by 2027. Consequently, air cargo will play an
increasingly critical role in the movement of goods originating from e-commerce
channels.
The
discussion will cater to some important questions like What does that
demand from air cargo industry stakeholders? How do they build their
capabilities to handle such rapid increase in cargo volumes originating from
e-commerce channels from around the world? How does technology enable the
movement of cargo with security, speed, efficiency, and transparency?