All shipping has to do to beat air cargo to e-freight, is be nippier than a glacier

Dear ocean freight industry,
News that the Digital Container Shipping Association (DCSA) is frustrated with the lack of progress in digitising bills of lading will come as no surprise to those of us who have long-studied inaction in air cargo.
The DCSA is determined to avoid the same mistakes, and chief Thomas Bagge is laying down the gauntlet: can you, the ocean freight industry, make this inevitable change faster than air cargo …

The post All shipping has to do to beat air cargo to e-freight,...

https://theloadstar.com/all-shipping-has-to-do-to-beat-air-cargo-to-e-freight-is-be-nippier-than-a-glacier/

Switch to electronic bills of lading could save shipping billions every year

The container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt with digitally, according to the Digital Container Shipping Association (DCSA).
The DCSA is using the coronavirus pandemic to accelerate its mission to introduce electronic B/Ls to the shipping industry.
CEO Thomas Bagge told The Loadstar yesterday the association’s financial modelling had concluded that container shipping could save $4bn a year …

The post Switch to electronic...

https://theloadstar.com/switch-to-electronic-bills-of-lading-could-save-shipping-billions-every-year/

Supply chain radar: How air freight is teaching sea freight e-freight

I wonder how many senior cargo executives at the world’s airlines realise that their industry body is advising a significant group of customers on how to realign their industry – which could result in them collectively losing $4bn in annual revenues.
But that’s the implication of today’s news in The Loadstar.
The container shipping industry continues to operate by the Bill of Lading, a paper document that once a shipment has been …

The post Supply chain radar: How air freight is teaching sea...

https://theloadstar.com/supply-chain-radar-how-air-freight-is-teaching-sea-freight-e-freight/

Blockchain: is it really the panacea for container supply chains?

The benefits of blockchain-backed applications for container shipping came under the spotlight at the TPM Asia conference in Shenzhen last week.
And not all stakeholders are convinced this budding technology is the answer to the industry’s data sharing conundrum.
For APL chief executive Nicolas Sartini, an electronic bill of lading (e-bill) offers the best container shipping use-case for blockchain.
“At APL we are focused on the e-bill. It’s the system that’s been in place since …

The post Blockc...

https://theloadstar.co.uk/blockchain-really-solution-container-supply-chain-efficiency/

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