Two major Hong Kong airfreight forwarders have completed a successful trial to produce electronic air waybills (e-AWB) using Hactl’s COSAC-AWB facility. BEL International Logistics Ltd and Rhenus Logistics Hong Kong Ltd are now ready to generate IATA-standard e-AWB for any carrier handled by Hactl that accepts electronic bookings, having demonstrated their ability to input data correctly through COSAC-AWB, for subsequent verification by Hactl. The successful adoption of the … [Read more...] about Hactl helps boost e-AWB uptake
e-AWB
Shanghai is now open to e-AWB
Pudong Airport (PVG), Shanghai Customs, have implemented Customs e-Release for both export and import for general cargo (not including express cargo). As a consequence, a stamp on the paper AWB for Customs clearance is no longer required, hence removing the requirement of paper Master AWB. PVG Customs confirmed that all e-AWB capable airlines are now able to do e-AWB for both import and export. How to do e-AWB at Shanghai (PVG)? Airlines are advised to work with their respective freight … [Read more...] about Shanghai is now open to e-AWB
IATA: Air freight to grow 4.1% annually
The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a CAGR of 4.1 per cent over the next five years. Emerging economies, particularly in the Middle East and Africa, will be the fastest-growing markets. “Air cargo remains as vital to the global economic system as ever. This year, more than US$6.8 trillion worth of goods, equivalent to 35 per cent of total world trade by value, will be … [Read more...] about IATA: Air freight to grow 4.1% annually
IATA: e-AWB adoption soars
The pace of e-AWB adoption has been steadily on the rise since 2014, according to IATA. August 2014 was the single fastest e-AWB growth in one month, with 2 per cent achieved globally. Adoption speed is now four times that of the same period last year, and this acceleration is felt across the board, with strong recent growth in Africa, Americas, Europe and North Asia. Twenty airlines have now achieved over 20 per cent e-AWB penetration – compared to only seven airlines at the beginning … [Read more...] about IATA: e-AWB adoption soars
QA to implement paperless freight transactions
Qatar Airways Cargo and Qatar Customs have signed an MoU for the use of electronic air waybill (e-AWB). The document was signed by Qatar Airways chief officer cargo, Ulrich Ogiermann and Mohammed Ahmed Al Mohannadi, operations and risk analysis department manager of customs in the presence of senior officials from both companies. The milestone agreement will bring Qatar Airways one step closer towards electronic freight, also known as e-freight, with the intention to eliminate the … [Read more...] about QA to implement paperless freight transactions