IATA e-freight initiative
The IATA e-freight project aims to take the paper out of air cargo. Facilitated by IATA, the project is an industry- wide initiative involving carriers, freight forwarders, ground handlers, shippers and customs authorities.
Key benefits include:
- Lower costs: industry savings of up to US$4.9 billion annually
- Faster service: a reduced cycle time of an average of 24 hours
- Greater reliability and accuracy: one-time electronic data entry at point of origin
- Better visibility: electronic documentations allows for online track and trace functionality
