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E-freight solutions help cost saving of $5b a year: IATA

October 31, 2015
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With the global cargo chain to be switched over to e-Freight platform, the cargo operators will be able to save $4.9 billion a year by using electronic airway billing system, according to IATA’s projections.
In this regard, Calogi, the first of its kind in the air cargo community worldwide, is providing cutting-edge, cost reducing, eco-friendly solutions to the air cargo supply chain community.

Paperless cargo systems and ‘green’ operation can potentially eliminate the need for over 3.5 million air waybill copies that accompany export shipments every year from Dubai alone.
“Calogi over the past two years has achieved many significant milestones by recording phenomenal growth as the companies subscribing to the portal currently number more than 400, forming a user base in excess of 1,195 who have together conducted more than two million successful transactions to date. The overall number of users, transactions and customers is expected to double year-on-year,” Calogi in a statement said.

“The overwhelming impact of the state-of-the-art innovations and services that Calogi has introduced, has not only significantly improved the efficiencies of the air cargo industry, but has also changed the way in which the community at large conducts air cargo business,” it added.

“The key to Calogi’s success is its immediate benefit to the air cargo industry; we provide solutions that are not only innovative and lead to significant cost savings for our customers, but also provide a ‘greener’ way of working,” said Patrick Murray, Head of Calogi. “By enabling the air cargo supply chain to do business electronically, Calogi has united the local community, enabling each partner to exchange digital information to form the basis of a cost effective e-freight compliant solution.”

To date, Calogi is processing over 70 per cent of the Dnata CTO shipments electronically. Enabling the industry to remove the paper air waybill and accompanying documents from all shipments processed via the Dnata terminals will result in cost savings to the industry.

Since its launch, Calogi has been at the forefront of many innovations including its IATA electronic air waybill (e-AWB) solution. Other successes include the comprehensive credit management engine, which allows Calogi to act as a clearing house between buyers and sellers of services and the ad-hoc air waybill release feature, which allows more than 90 airlines represented on the portal to do business with over 300 forwarder companies. These and the many other ground-breaking developments, culminated in Calogi winning the prestigious top twenty CIO award in November 2009.

Calogi’s wide range of state-of-the-art cargo services encompasses an entire network of on-line business components for the air cargo industry stakeholders, which include freight forwarders, airlines, logistics operators, customs and 3PL providers.

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