Delivering the modern world
Air cargo transports goods worth in excess of $6.4 trillion on an annual basis. This is approximately 35% of world trade by value. The sector itself generates nearly $70 billion every year and is an important component of the aviation industry which collectively supports 57 million jobs worldwide.
The Global Air Cargo Advisory Group
The industry is focused on developing partnerships to strengthen air cargo. The Global Air Cargo Advisory Group (GACAG) comprises the International Federation of Freight Forwarders Associations (FIATA); The International Air Cargo Association (TIACA); the Global Shippers Forum (GSF); and IATA. Their work is focused on the priority areas of e-commerce, customs and trade facilitation, security, and sustainability.
World Cargo Symposium
Reflecting the need for cross-industry collaboration, the World Cargo Symposium (WCS), has evolved to become a major industry decision-making platform. This event also serves to raise the profile of air cargo with governments as a strategic partner, helping to ensure that cargo has the regulatory environment and infrastructure needed to successfully drive growth.
This year, WCS was hosted by American Airlines in Los Angeles from 11 to 13 March 2014. The 8th edition was opened by outstanding leaders of the air cargo industry:
- Robert D. Isom, COO American Airlines
- Fred Smith, Chairman and CEO, FedEx
- Des Vertannes, IATA Global Head of Cargo
The Cargo Services Conference (CSC) is responsible for developing and maintaining industry-wide standards for the various aspects of air cargo transportation. These include:
In collaboration with FIATA, IATA is evolving the Cargo Agency Program to better address contemporary issues of accreditation, governance, training, and supplier and buyer collaboration.
The e-Cargo projects (e-freight and e-AWB) aim to move the air cargo industry to the digital era by taking the paper out of cargo and replacing it with the exchange of electronic data and messages.
To support regulators and strengthen supply chain security, IATA and the industry are working on various Cargo Security initiatives: the IATA Center of Excellence for Independent Validators, the standard Consignment Security Declaration and Secure Freight.
Acknowledging the need for the air cargo industry to develop long-term strategies and investments, IATA is working on several Cargo Sustainability initiatives tackling environmental, social and economic issues.