Radio frequency identification (RFID) is hardly a cutting-edge technology. The system of scanning and identifying objects through the use of radio waves has roots that reach back to World War II. Since then, it's been used in countless tracking systems to monitor the movement of trucks and goods.
The Customs-Trade Partnership Against Terrorism (C-TPAT) program was created in the wake of the 9/11 attacks to build cooperative relationships that strengthen international supply chains and U.S. border security.
In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.
Regulations and protectionist trade policies are killing small business, according to Alibaba Group Executive Chairman Jack Ma, who has called for a removal of trade policies that hinder global commerce.
In another sign that Iran may soon play a larger role in world airfreight as it re-emerges from U.N. sanctions, the WACO network of independent freight management companies has added Iran-based Amadrah International Freight Forwarding to its roster.
Although a new study by Google and Singapore's sovereign wealth fund Temasek projects the Southeast Asian e-commerce market to reach $200bn by 2025, the region's air cargo capabilities remain underdeveloped, according to Cainiao, the logistics unit of Chinese e-commerce giant Alibaba.