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Fact Sheet: e-freight
Definition
E-freight is an industry-wide program that aims to reduce the use of paper documents in the airfreight supply chain by moving to a simpler, paper-free, electronic environment. It involves the entire air cargo supply chain
Targets
- The IATA Board has set the target for 2011 to reach volumes representing 10% penetration on live trade lanes
- The vision is to have 100% e-freight by the end of 2015
- The e-freight vision is supported by the Global Air Cargo Advisory Group (GACAG)The target for 2012 will focus on the electronic air waybill (e-AWB) as a big step towards 100% e-freight (15% by the end of 2012 led by IATA members)
Benefits
- Industry cost savings of up to $4.9 billion annually
- Speed: reduction in transfer time by 24 hours
- Accuracy: Electronic documents eliminate manual entry errors
- Visibility: Electronic messages allow for online tracking and tracing
- Better for the environment: e-freight will eliminate more than 7,800 tonnes tonnes of paper documents, the equivalent of 80 Boeing 747 freighters filled with paper
Status
- E-freight penetration on live trade lanes: 7.90%
- A commercial vendor community has been established to support the e-freight vision, pilots, and e-messaging quality measurement
- The e-freight handbook, which is the comprehensive guide to e-freight, is published and available online
- 20 international electronic messaging standards have been developed and can be used to replace the documents
Updated: December 2011
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