IATA: Airlines Commit to Air Cargo Modernization

The International Air Transport Association (IATA) 73rd Annual General Meeting (AGM) adopted a resolution to accelerate the modernization and transformation of the air cargo industry. The resolution builds on the momentum created by the entry into force of the World Trade Organization’s (WTO’s) Trade Facilitation Agreement (TFA). “The TFA commits governments to making trade faster, cheaper and more efficient. Air cargo processes are stuck in another century. To ensure that air cargo is ready to benefit from the expected $1 trillion boost in trade growth arising from the TFA and the improving global economic environment, we need a major overhaul