Many air cargo airlines reeling from the global economic slump and trade free-fall will continue spending on information technology to keep pace with rivals and secure a spot in a tricky market.
Pressures to enhance efficiency, reduce risk and get a better handle on business performance are nudging global cargo players to expand their information technology systems despite harsh market conditions, analysts and industry officials said.
Regulatory compliance issues and consumer concerns about the environmental and social accountability of cargo players and their supply chain partners could extend this trend, these officials noted.
Source: Air Cargo World