When you start any business, you constantly analyze the various factors that can minimize the losses and maximize the profits. Transportation has become a vital part of business, be it business within a single country or international.
Goods and services are transported via many routes including railways, ships, roadways, and air. Of all these, air transport has acquired a key position in the world of business. Airfreight has boosted business and trade to a great extent. This article will help you understand why air transport is so important in business
Speed is a crucial element in every aspect of life in today’s world. A fast production of goods followed by slow transport can have devastating effects on one’s business.
Therefore, the means by which goods and services are transported need to be fast and efficient. Airfreight is probably the fastest mode of transport so far. Speedy delivery of goods and services from one corner of the world to another has revolutionized the trade industry.
Overcoming Geographical Barriers
When it comes to long-distance trade, geographical barriers including rocky mountains, oceans, forests, etc. can prove to be a big hurdle in the transport of goods.
The use of airplanes for transportation of cargo has allowed us to overcome such barriers and has made such long-distance trade not only possible but much easier than ever.
Safety of Goods
Damage or theft of goods on their way to their final destination is a source of huge loss for any businessman. History gives us many examples of goods being stolen by bandits or pirates when transported via roadways and water respectively.
Thus, it is very important to ensure that the transported goods are well protected and air freight has proven a very reliable means of transport in this regard
Transport of Large quantities of Goods
Air transport allows us to send very large quantities of goods worldwide. Thus a single plane can be used to transport way more cargo than a two or three vehicles carrying goods via roadways. This makes air freight cost-friendly, but only in the case of long-distance transport.
In the past, due to slow transport, goods were produced and stored and transported when asked for. Even though large quantities of goods were available in the storage, due to the slow transport, the demand was not fulfilled rapidly as now, creating a false scarcity at times and leading to inflation.
However, in these days, rapid air transport allows us to produce goods when there is demand, without much need for storage. This creates equilibrium between the supply and demand and stabilizes the prices of various goods and services.
Globalization of Markets
Our world has become a global village. Air transport has played a vital role in the globalization of markets. Goods and services can be exchanged across the globe at very reasonable prices.
This has allowed expansion of business across the globe and goods are now available in almost every part of the world due to the high-speed air freight.
Despite the amazing advantages of air transport, it’s cons can not be ignored. Airfreight carries with it huge risks. Accidents involving airplanes, such as air crashes, rarely have any chances of survival and there is large scale loss of lives and goods.
Moreover, under bad weather conditions, air transport can come to a complete halt. Also, inflammable substances, corrosives, explosives, and toxic materials are not allowed to be transported via air.
Air transport, due to its high speed and efficiency, has made business much easier, overcoming hurdles that mankind considered impossible to overcome in the past. It has had no less than a revolutionary impact on the business industry throughout the world.