Impact Publications : AirCargo -251-final
Page 14 • AirCArgo AsiA-PACifiC • OCTOBER-NOVEMBER 2017 New report highlights e-commerce forecasting GLOBAL e-commerce continues to revolu- tionise the air cargo industry, and is fore- cast to increase 19 per cent per year over the next five years, from Us$1.9 trillion in 2016 to Us$4.5 trillion in 2021, according to the annual E-Commerce Revolution Re- port released by Air Cargo Management Group (ACMG). The 2017 E-Commerce Revolution Report provides an in-depth look at the explosive growth of global e-commerce air logistics. The report features analysis of the major marketplaces, sellers, and logistics providers that are fuelling this revolution. It is not only the best-known participants like Amazon and Alibaba that are driving this revolution, but also global express air- lines, along with players lesser known out- side their home countries, such as JD.com in China and Otto in Germany. The report tracks the companies using and providing e-commerce air logistics, and offers insights on global trends in the industry. “E-commerce has disrupted retail and is now revolutionising logistics,” said Alan hedge, senior director of ACMs. “This, our second annual report, covers new territo- ry by offering descriptions of additional e-commerce companies and additional discussion of fulfilment networks in China, the largest e-commerce market on the planet.” Also new this year is a web-based com- panion database tool for exploring rela- tionships between major e-commerce players and logistics providers. The tool allows users to search particular logistics providers and users to isolate logistics transactions worldwide. Additionally, the tool can be used to quantify e-commerce air logistics transactions on a global basis. To obtain more information about the E-Commerce Revolution Report go to www.ECommerceAir.com Are you up-to-date with the latest regulatory changes in trade? Rigby Cooke Lawyers can help you with: > Customs regulations > International trade conventions > Dispute resolution and arbitration > Trade financing options > Commodity and freight contracts > Inquiries by government agencies > Corporate and commercial law > Intellectual property > Workplace relations > Mergers and acquisitions > Planning, building and property > Tax and asset protection www.rigbycooke.com.au/signup To find out more, contact Andrew Hudson: T: +61 3 9321 7851 E: AHudson@rigbycooke.com.au www.rigbycooke.com.au Receive relevant alerts that affect your business – straight to your inbox – with Rigby Cooke’s free digital newsletter. A compliant supply chain is an exporter’s best friend: There is little to be gained by hoping that ‘all will be well’ when dealing with border agencies who govern the import and export of goods. Goods storage at licensed premises: We explore who may be liable for customs duty when goods are not accounted for or kept safely. GST on Low Value Transactions (LVTs): Despite the Bill passing through Federal Parliament, issues related to its implementation remain. Disciplinary process disruptors: Your options when an employee goes on sick leave or lodges a stress-related workers’ compensation claim. The minefield of on-hire workers: A recent decision by the Full Bench of the FWC provides guidance on how it will deal with unfair dismissal applications linked to on-hire arrangements. Dual nationality and foreign assets: The unintended impacts on estate planning. What’s new? YHC unveils S$200m Supply Chain City sINGAPORE’s YCh Group has unveiled its s$200 million supply Chain City (sCC), Asia’s nexus of supply chain com- panies. Five years after it was launched, sCC now offers a two million square-feet-equivalent state-of-the-art facility that serves as Asia’s supply chain nerve centre. It aims to accel- erate industry best practices, support singapore’s growth as a global logistics hub and set new standards for supply chain excellence in Asia Pacific. Located in the Jurong Innovation District, sCC features the world’s first patented Fusionaris(R) (a fusion of an automated and storage retrieval system with a fully ramped-up ware- house), along with inventory-counting drones and advanced robotics. The AsRs is the largest in the region, and the tallest at 50m high. Through the proprietary LEARN ecosystem at supply Chain City, YCh Group synergises various business activities to create a dynamic and vibrant community. This has already been kick-started by YCh Group with Y3 Technologies, supply Chain and Logistics Academy (sCALA), supply Chain Asia (sCA) and supply Chain Angels (sCAngels). “The LEARN Ecosystem, coupled with the advanced technology in sCC is key to enabling agile and scalable supply chains that create the competitive edge for our global enterprises today,” said dr Robert Yap, executive chairman of YCh Group. “sCC is the em- bodiment of infinite possibilities, demonstrating productivity through innovation to transform the supply chain and logis- tics industry in singapore and beyond.” sCC is aligned with singapore’s Future Economy Council’s aim of growing and transforming singapore’s economy, driv- ing connectivity with the rest of the world while developing deep skills and strengthening capabilities of local enterprises. It also echoes the key recommendations of the Logistics Industry Transformation Map, to catalyse enterprise-level transformation through productivity and innovation. spring, an agency under singapore’s Ministry of Trade and Industry, has supported the sCC. “YCh’s supply Chain City is a good example of how a home-grown enterprise is creating an integrated facility and ecosystem to develop new technologies and deep expertise. For the past few decades, YCh has been a leader in innova- tion for our logistics sector, and has repeatedly transformed itself to compete internationally. spring hopes that, in the same way, more enterprises will step up to spearhead similar transformation efforts,” said Poon hong Yuen, chief execu- tive, spring singapore.