TIACA’s ‘ACF 2016’ in Paris
Air Cargo Forum (ACF) 2016 is scheduled from October 26-28, 2016 in Paris. The event will be attended by more than 3,000 decision makers from across the globe with over 150 exhibitors.
TIACA’s 28th International Air Cargo Forum and Exhibition would provide an opportunity to the conference participants, visitors and exhibitors to ponder on how to sail through the trying times. Sanjiv Edward, Chairman, The International Air Cargo Association (TIACA) says, “Various industry predictions suggest that the worldwide air cargo logistics market will experience a 5.97 per cent compounded annual growth rate through 2019.
One of the major factors driving the growth of the global air cargo market is the increase in the number of online retail stores,” he explained. IATA’s forecast suggests an average growth rate of 4.1 per cent per annum.
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Currently, TIACA is looking at how to simplify the security processes by making sure that whatever information is being used is accurate and goes on time. Secondly, the international body is looking at standardisation of security equipment to bring manufacturing and utilisation cost down. “eFreight is another important thing wherein we want to emphasise more on embracing technology to achieve speed. TIACA is driving in terms of innovation, process simplification and technological enhancements,” he said.
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“I see a lot can be done in terms of bringing efficiency in the logistics trade, reducing logistics cost, improving the time we usually take and giving our exporters and importers the edge in the logistics. We need to interact with global organisations,” Edward advocated.