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Using air cargo market intelligence to make smarter decisions
  • Cargo
11 July 2024

Making fact-driven business decisions with the power of reliable data

In the air cargo industry, data is key to creating a competitive advantage. You need accurate insights into trade lanes, freight volumes, and trends to make informed decisions about your business — whether you work for an airline, airport, freight forwarder, shipper or manufacturer.

Without accurate and reliable data, you can make costly mistakes, overlook general optimizations to your air cargo operations, or miss significant opportunities when markets shift.

CargoIS offers unparalleled accuracy and insights

CargoIS leverages accurate transactional data from two sources, IATA’s Cargo Accounts Settlement System (CASS) and CargoIS Direct Data (CDD), to ensure accuracy and completeness. This represents more than US $32 billion in air freight charges annually.

CargoIS is the only solution that combines actual settlement data and data directly from the airlines to capture spending comprehensively. Every year, more than 21 million air waybills are settled through CASS. By combining this data with CDD, you get an enriched data set that has an average of 9% more total tonnage worldwide over single-source data — providing comprehensive data you can’t get anywhere else.

Comprehensive data and a rigorous validation process ensure accuracy and trustworthiness.

Depending on the subscription type, you can view data based on:

  • Timeframe
  • Geographic Benchmarking (Regional, Country, City, Airport)
  • Weight Breaks (Up to 23 standard weight breaks or customizable weight breaks)
  • Benchmark data (Chargeable weight, number of shipments, yield)
  • Market data (carriers, forwarders, commodity and service breakdowns, shipment density and freight tonne-kilometers (FTK)

You can easily integrate CargoIS data into any data analytics platform.

Navigating market trends

CargoIS provides a comprehensive understanding of market dynamics. Analysis of actual transactional data uncovers opportunities and mitigates risks. The data provides the foundation for analysis, helping airport operators to optimize operations, airlines to improve revenue maximization, and freight forwarders to enhance procurement for better yields.

Strategic insights

Data analysis, backed by industry-leading transactional data, produces actionable insights and allows you to make better decisions about:

  • Market strategy: Evaluating potential markets to estimate anticipated tonnage and profitability when building business cases.
  • Account management: Fostering meaningful partnerships and loyalty by gaining a deeper understanding of your partners' businesses.
  • Sales and procurement strategy: Leveraging factual data to optimize negotiations, yield, and bottom-line performance.
  • Operations optimization: Developing a comprehensive understanding of inbound and outbound markets for effective network planning and strategic partnerships.
  • Performance management: Objectively benchmarking your organization's performance against the market and competitors.

Transforming data into action

IATA CargoIS is the air cargo industry’s premier market intelligence tool, used by a wide range of air cargo stakeholders. Airlines, airports, and freight forwarders can get a true picture of market dynamics across more than 80,000 city-to-city unique trade lanes, reflecting the business of 30,000 freight forwarders and more than 200 airlines and GSAs.

Organizations turn this data into powerful results. For example, shippers and manufacturers report achieving up to 50% cost reductions after using CargoIS.

Make faster, fact-driven business decisions with CargoIS

There is a reason why CargoIS is trusted by 13 out of the top 15 airlines worldwide and 12 out of the top 15 freight forwarders globally. You can stop relying on guesswork to leverage reliable market data you can trust for business success — helping you to make more informed, fact-driven decisions.

Download our guide, CargoIS Data Unleashed: The Data Behind US $32 Billion Worth of Air Freight Charges, to walk through case studies and see example charts that detail the type of information available and how you can use it to create a competitive advantage.

Download our guide:

CargoIS Data Unleashed - The Data Behind US $32 Billion Worth of Air Freight Charges  

 

Uncover hidden insights and get the facts to build your business case. Make better and Faster decisions. Improve operations, save money, and grow revenue. Schedule a demo today and see how CargoIS can help unlock your potential.

The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 320 airlines or 83% of total air traffic. We support many areas of aviation activity and help formulate industry policy on critical aviation issues.

 

 

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