Page 28 - STAT July 2024 for Magzter

report

CUSTOMS DEMANDS

ACCURATE, DIGITAL,

PARCEL-LEVEL DATA

FROM E-COMMERCE

Customs crackdowns in the US and Europe on
Chinese e-commerce shipments will not stop
the trade but will make it evolve to be more
transparent. Digitalisation is the way forward as
customs demand more data from shippers.
Libin Chacko Kurian

n an interesting turn of events, Worl-
dACD, in its June 2024 Monthly Air
Cargo Trends Special update reported
Ithat the growth of general cargo air
freight tonnage is outpacing that of special
cargo products so far in 2024, reversing
a trend in recent years in which demand
from air cargo shipments requiring special
handling and shipping has broadly outper-
formed general cargo.
The report pointed out that one factor
for the strong growth in general cargo
since the start of last autumn is cross-
border e-commerce traffic. “E-commerce
cargo often flies in bulk as general cargo
rather than within a special product cat-
egory," it reads.
Also, Xeneta in its June 2024 commu-
nication noted that China’s cargo market
to North America continued to gain from
the resilient US economy and its strong
e-commerce demand.
“At the end of 2023, we saw the
dramatic impact China’s e-commerce
behemoths had on the air cargo market.
Everyone is now waiting anxiously to see

26 | JULY 2024 www.stattimes.com