The airfreight division of ICM Clearing and Forwarding is expected to contribute at least 30% of total revenues in 2011, says Kriba Naiken, managing director of ICM Clearing and Forwarding. The division was launched in January 2010. According to Naiken, growth of 300% was achieved in 2010, a year that many described as challenging following the global economic downturn of 2009. “Airfreight for the most part remained stable even through the recession and managed to maintain its margins,” says Naiken. “Even though 2010 was a time most industries were recovering from the recession, we managed to grow this new division significantly. Something we aim to continue in 2011.” Mark Anthony, ICM Airfreight division manager, says the division is as capable of moving high value cargo as a box carrying nothing out of the ordinary. “Having the right people in place has played a key role in the success of the division,” he says. “We are also starting to establish ourselves as specialists when it comes to precious metals, high-end high technology products and strategic manufactured goods. We will focus specifically on growing these segments in 2011 even further.” According to Cecil Leigh, sales and marketing director for ICM, a dedicated airfreight sales executive will be appointed to drive the growth process and will be tasked with increasing the customer base.
