Unit Load Devices (ULDs) like pallets or containers, used by the aviation industry to load luggage, freight, and mail is a $357 million market and is anticipated to grow at a rate of more than 4.7 percent CAGR to reach $495 million over the forecast period 2022–2026, according to a July 2022 report by MarketWatch.
However, particularly since the Covid-19 pandemic, the industry was getting a lot of attention due to the shortages and how they affected the flow of cargo across geographies. The ULD stock shortage has always been an industry issue due to the trade imbalance between the east and the west, the exponential growth of e-commerce which is mostly only one way, trade wars and seasonal passenger traffic and then it further deteriorated by the Covid-19 pandemic and the war.
Shortages, imbalances and logistics of ULDs
Andreas Seitz, managing director of DoKaSch Temperature Solutions, called it a “pseudo-demand,” as the “loading equipment was available, but just wasn’t where it was needed.”
“Due to the increased demand during the Covid-19 pandemic, the demand for air cargo ULDs was also high. As a result of the disrupted flight schedules, the distribution of ULDs in the airlines’ networks was more inefficient than before the pandemic,” he said.
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