Impact Publications : AirCargo -255
Page 26 • AirCArgo AsiA-PACifiC JUNE-JULY 2018 Latam Cargo switches off old systems for Croamis Deviprasad Rambhatla SOUTH America’s Latam Cargo is well into a project to replace its multiple cargo management sys- tems with Croamis, a single system that will handle all business func- tionalities, including planning and money collection. Besides providing custom- ers with more and better tools, Croamis should enhance efficiency by standardising processes across different regions and reducing costs. Some 45 employees are engaged in the deployment and when completed towards the end of 2020, the airline will have one of the industry’s most modern and sophisticated system platforms. Deviprasad Rambhatla, vice president and global head – Travel, Transporta- tion, Hospitality and Public Sector industries at Wipro Limit- ed said: “We are bringing about digital transfor- mation usually seen only in the passenger side of the airline industry to the business of air cargo. “The change- over to the new system will help the company satisfy the needs of its customers, adding considerably to its value. “Once implemented, Croamis will offer Latam Cargo’s custom- ers the convenience of a new tracking system, more and better self-service tools such as e-book- ing, e-claims, e-rates and a system in line with the highest industry standards. “Replacing various systems will improve reliability and uptime; the product will be flexible enough to admit modifications in response to industry needs and allow the incorporation of new technologies. The airline also will see further effi- ciency by reducing the number of systems utilised and the associated infrastructure,” Rambhatla said. Revenues improve Meanwhile, Latam has reported its cargo revenues increased 16.6 per cent in the first quarter of 2018, reaching US$295.8 million driven by a 7.1 per cent increase in car- go yields, mainly due to a better demand environment , increased revenue management and a higher fuel surcharge. Cargo load factors reached 54.8 per cent, an improvement of 1.9 per- centage points compared to the first quarter in 2017. Imports from North America and Europe to Brazil showed an improve- ment in terms of revenues per ATKs, driven by higher imports of electronics and capital goods. Export markets show a recovery year-over-year, driven mainly by salmon exports from Chile. As a result, cargo revenues per ATK have improved by 11 per cent in comparison to the same quarter of the previous year, consolidating and further improving the positive trend shown since the beginning of last year. Cargo capacity measured in ATKs rose five per cent in the first quar- ter of 2018. FIATA names the finalists for Young International Freight Forwarder of the Year Award THE Federation of International Freight Forwarding Associations (FIATA) has named the four regional finalists in its annual Young International Freight Forwarder of the Year Award program. Winning entries selected from among 17 representing national forwarding associations globally were: region Africa/Middle East: Tja- ka Segooa, South Africa – SAAFF. region Americas: Kendyl Bap- tiste, Canada - CIFFA. Region Asia/Pacific: Sarah Kate Skrypec, Australia - CBFCA. region Europe: Louis Perrin, UK-BIFA. A FIATA spokesperson said the entries this year were of a high standard and drew from a wide range of dissertation topics. The work of the entrants demonstrated the complexity of processes carried out within the global supply chain and the logis- tics skills required to serve it. The diverse subjects covered by the dissertations of this year’s entrants included live plants, super cars, flexi-tanks, aid ship- ments, aircraft components, Antarctic ice and a rhinoceros. Later this year the regional finalists will travel to FIATA’s World Congress hosted by the Federation of Freight Forwarders’ Associations India in New Delhi, India (26–29 September) in order to present their dissertations to the steering committee and for the final judging and announce- ment of the international award winner.