IAG Cargo offers end-to-end cargo monitoring service

Randy Gould, global director at Cargo Signal, said, “The IoT is transforming the global logistics and supply chain landscape. By bringing together IAG Cargo’s world-class products and global network with our innovative sensor-based logistics platform, we’re unlocking new value for our customers and giving them greater control over their supply chains. The accuracy of the data available enables our customers to act with more speed and confidence than ever before.”

The Cargo Signal service and 24/7 support and monitoring from the Cargo Signal Command Centre is available to all customers using IAG Cargo’s Critical, Prioritise, Constant Climate, Secure, Perform and Constant Fresh products, subject to preprogram startup arrangements, with GPS devices delivered directly to origin.

In spite of posting lackluster Q2 financials in August that reflected a 3.2% slide in revenues to €281 million ($361 million) for the period April 1 to June 30, IAG Cargo has continued with a drive to introduce more sophisticated data-reporting systems.

IAG Cargo’s focus on technology and digitalization follows a survey of over 400 freight forwarders domiciled in 47 countries, with results published on July 31. Results of the survey, entitled Cargo Next, indicate that 55% of participants point to increased automation and digitalization as key trends, and 81% expect that technological change will have a positive impact on their business.

Further, survey results indicate that other important concerns noted by forwarder survey participants are the growth of e-commerce (41%), trade tensions (29%) and retention of talent (79%). Survey respondents are 42% domiciled in Europe, 19% in the Americas, 35% in Asia and 4% in the rest of the world. Responses also reflect differences in view depending on company size, with 67% of participants coming from businesses with less than 200 employees and 33% from larger players.