As the global pandemic continues to play a role in the heart of supply chain disruption, 2021 looks to be shaping into another volatile year for air freight. IATA has predicted that air travel - to include cargo capacity - is unlikely to return to pre-COVID levels until 2024 at the earliest. With no way of truly understanding the impact of the vaccination distribution on an international scale, we can only assume there will be more bumps for the air freight market to navigate.
Those organisations now facing inventory shortages will be looking to move goods swiftly to the consumer rather than delay and miss a sale. Retailers in particular in this circumstance would be expected to choose air which could be additional demand previously not experienced in the market.
With ocean capacity, congestion and equipment issues continuing to cause delays for importers it is expected that many will review air as a potential solution. With this weeks announcement of carrier blank sailings this only heightens the concerns surrounding ocean reliability.
- Using the right data to predict your requirements will support a more agile and efficient supply chain
- Discuss the multiple airfreight services available through Ligentia to find the right solution for your requirements
- Work with Ligentia experts to discuss multi-modal options that may drive down costs whilst meeting your schedule
Talk to our team to discuss a 2021 supply chain review