Pay Me My Money Down
“COVID-19 has undoubtedly changed our lives for the foreseeable future, with those who are fortunate to still be employed now having to adjust to changes such as working from home, managing teams and completing daily activities remotely,” said Lionel van der Walt CEO of Pay Cargo.
“In an industry that until now has still been dominated by many manual paper-based processes, this is no mean feat.
Count the Money
“One very important issue that COVID-19 has brought to the forefront is that of finance.
“Freight forwarders will need to exercise extreme caution in how they finance their customers going ahead in these unpredictable times where shipments are lying uncleared for weeks on end, orders are cancelled, shipments are abandoned as ancillary charges have mounted, and so on.
“The cost of doing business is no doubt going to increase and forwarders might need to realign their charges.
“Customer segregation for credit lines could be a way ahead.
“This is an individual call each forwarder will have to take for themselves,”
Keshav Tanna said.
India Drones On
Domestic flight operations in India have started. And, it will take a while to get back to Pre-COVID-19 conditions. Meanwhile, India’s Civil Aviation Ministry has moved ahead to look at drone operations seriously.