IATA e-freight
Encyclopedia
IATA e-freight is taking the paper out of the air cargo supply chain
and replacing it with cheaper, more accurate and more reliable electronic messaging
. As of January 2010, 24 locations that account for 64% of international air cargo volumes are e-freight capable. By the end of 2010, 44 locations and 76 major airport
s will be e-freight live, representing over 80% of air cargo volumes.
IATA estimates US$4.9 billion in annual savings for the industry as a result moving to electronic messages - coming from reduced shipment times and more accurate data due to the electronic exchange of information.
Supply chain
A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials and components into a finished product that is delivered to...
and replacing it with cheaper, more accurate and more reliable electronic messaging
Electronic messaging
Electronic messaging may refer to:One to One communication*Instant message *Personal message *Text message *SMTP *Email...
. As of January 2010, 24 locations that account for 64% of international air cargo volumes are e-freight capable. By the end of 2010, 44 locations and 76 major airport
Airport
An airport is a location where aircraft such as fixed-wing aircraft, helicopters, and blimps take off and land. Aircraft may be stored or maintained at an airport...
s will be e-freight live, representing over 80% of air cargo volumes.
IATA estimates US$4.9 billion in annual savings for the industry as a result moving to electronic messages - coming from reduced shipment times and more accurate data due to the electronic exchange of information.
- By end of 2010, IATA targets 44 live markets accounting for more than 80% of the cargo volume.