Cargo Live 9: Expert Insights into the Airfreight Market

IAG Cargo’s ninth episode of Cargo Live was filled with updates and insights from leading industry experts. The live webinar discussed IAG Cargo’s transformational focus on our customers and teams, key trends in supply and demand, how to decarbonise transportation of airfreight, and the ways in which our Constant Climate product and New Premia facility are supporting our global customers. This episode featured expert speakers, including:

 

Here are four key take-outs from the ninth episode of the series… 

Camilo Garcia Cervera, Chief Sales and Marketing Officer, IAG Cargo

Over the past six months, I’ve been focused on spending time with our customers and teams around our global network. Attending events, such as CNS in the US, gave us a great opportunity to connect with customers in a key market for IAG Cargo, with 27 destinations now available on our US network. Soon I’ll have the privilege to visit India, a market that I personally find hugely attractive and that’s very important to IAG Cargo. We’ve also made great progress in online bookings, and we’re looking forward to rolling out spot rates online in Q1 2024, so the best rates will always be available online.

Marco Bloemen, Managing Director and Head of Accenture Cargo

Some of the key trends that we’re seeing is the definite diversion of demand and supply in the second quarter of 2023. In July, air cargo demand fell 9% points in comparison to 2022, with North America to Europe down by 20%. We see some Covid-related commodities have disappeared, with demand for high-tech goods strongly suffering. Global air cargo capacity is still increasing due to the growth of wide-body passenger belly space. The short-term outlook is improving slightly, and we should be expecting positive growth rates as Q4 last year was quite weak. 

Kathrin Brost, Global Head of GoGreen Programme, DHL Global Forwarding

We have committed to a science-based target, which means that by 2030, our carbon footprint will be below 29 million tonnes of CO2something that’s rather challenging, taking into account we’re aiming to grow our business in the same time. So how will we achieve it? If you want to decarbonise transportation, there are only two things you can do: burn less or burn clean. Burning less means becoming more efficient, using less energy and fuel for the same transport work, while burning clean means using technologies and fuels that emit no or very little emissions. 

Jordan Kohlbeck, Head of Pharmaceuticals, IAG Cargo


Constant Climate is our cold chain product dedicated to the transportation of pharmaceutical and life-science products and our three global hubs; London Heathrow, Madrid, and Dublin, are all Good Distribution Practice certified to serve this product. We’re excited to have recently added Cincinnati (CVG) to our list of Constant Climate quality-approved stations, bringing the total number of stations in North America to 21, while there exists over 100 across our global network. We also recently unveiled our 10,470m2 climate-controlled New Premia facility at London Heathrow, which brings many customer benefits.