IATA DG and CEO Giovanni Bisignani warned that air cargo is losing market share to ocean shipping and urged the industry to push for more efficient security, make the switch from paper to electronic document processing and work to minimize the environmental impact of airfreight operations. Speaking at the organization's World Cargo Symposium in Rome, he called air cargo a "tough business that is only getting tougher," adding: "Our sea competitors are gaining market share with faster ships, ...

Subscribe to Access this Entire Article

"Bisignani: Cargo operators must modernize to take on 'sea competitors'" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.