Executive Briefings

Airfreight Supply Chain Process 'Simplified' by New Technology

The International Federation of Freight Forwarders Associations (FIATA) and the International Air Transport Association (IATA) have announced that the Multilateral Electronic Air Waybill (e-AWB) standard has been approved, removing the need for bilateral e-AWB agreements between airlines and freight forwarders and thus simplifying the air freight supply chain process.

Airlines will have a single agreement with IATA that enables them to accept e-AWBs from all participating freight forwarders, while freight forwarders will have a similar agreement that will allow them to tender e-AWB shipments to multiple airlines at numerous airports worldwide. Des Vertannes, IATA's global head of cargo, said, "The approval of the multilateral e-AWB agreement is the most important new cargo standard developed in the last two decades. It gives us critical momentum to achieving the e-freight vision of a paperless cargo system.

"[E-freight] is a top focus for the Global Air Cargo Advisory Group, which produced a road map to coordinate industry efforts. The IATA board of governors recognized the importance of the e-AWB to achieving e-freight and set ambitious targets. At the end of 2012, e-AWB penetration was 6.8 percent. By the end of 2013, the target is 20 percent. And the big challenge is to reach 100 percent by the end of 2015."

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Airlines will have a single agreement with IATA that enables them to accept e-AWBs from all participating freight forwarders, while freight forwarders will have a similar agreement that will allow them to tender e-AWB shipments to multiple airlines at numerous airports worldwide. Des Vertannes, IATA's global head of cargo, said, "The approval of the multilateral e-AWB agreement is the most important new cargo standard developed in the last two decades. It gives us critical momentum to achieving the e-freight vision of a paperless cargo system.

"[E-freight] is a top focus for the Global Air Cargo Advisory Group, which produced a road map to coordinate industry efforts. The IATA board of governors recognized the importance of the e-AWB to achieving e-freight and set ambitious targets. At the end of 2012, e-AWB penetration was 6.8 percent. By the end of 2013, the target is 20 percent. And the big challenge is to reach 100 percent by the end of 2015."

Read Full Article