Since the corona pandemic hit, the air freight sector
has reached a temporary new normal.
Passenger aircraft are still on ground while cargo transportation is driven by freighters. Market forces have changed, with the balance shifted in the carriers and freight forwarders favor.
Elevated rate levels and volatile services keep dominating daily business. Capacity constraints present yet another challenge to all shippers. Access to capacities at the right time, i. e. secured service, and at the right price is the critical success factor in 2021
Crucial to successful air freight management is volume management. Predicting how much air cargo will be shipped at what time allows all parties to contract and fill capacity, to optimize yield resp. minimize rates paid and thereby to smooth processes.
In this light, volume forecasting evolved from a “nice-to-have'' but hard to guess” to a “must-have - and needs to be valid”.
If this topic interests you
Join the Transporeon live webinar on July 7th, where we will analyze how capacity is planned and contracted by leading air freight forwarders and how shippers can improve volume management. These factors can quickly become serious financial and service advantages to your business.
Senior Procurement Specialist
Head of Airfreight DE West & Central
Schenker Deutschland AG