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Paperless trade
What the Commonwealth’s quantitative analysis tells us
Website
Newsroom article
ICC: what the Future International Trade Alliance means for shippers
The Future International Trade (FIT) Alliance was formed by DCSA, FIATA, BIMCO, the International Chamber of Commerce (ICC) and SWIFT, with a signed memorandum of understanding to standardise the digitalisation of international trade.
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Newsroom article
How visibility will make container shipping more reliable
Reliability of global supply chains has a direct impact on business performance for shippers. Timely arrival of goods is vital to maintaining supply levels for every industry. Unexpected delays are most acutely felt in industries that ship vulnerable goods such as pharmaceuticals or perishable items. But for any business that relies on just-in-time inventory management, special events or promotional activity, unexpected delays can have a negative impact on their bottom line and ability to compete, not to mention their relationships with customers.
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CargoX: “Once interoperability is achieved, electronic trade records will be moving through various systems for true efficiency and transparency in cross border trading”
An electronic bill of lading (eBL) will transform information exchange in container shipping.
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Newsroom article
Survey: FIT Alliance reveals strong interest in eBL, pinpoints obstacles to address
The FIT Alliance was formed in February 2022 with five founding members: BIMCO, DCSA, FIATA, ICC and SWIFT.
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Streamlining international trade by digitalising end-to-end documentation
Paper-based processes create complexity, delays and waste
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