28-Mar-2013 10:41 AM

FIATA and IATA announce approval of multilateral e-AWB standard

International Federation of Freight Forwarders Associations (FIATA) and IATA announced (27-Mar-2013) approval of the multilateral electronic air waybill (e-AWB) standard, removing the need for bilateral e-AWB agreements between airlines and freight forwarders. Airlines will now have a single agreement with IATA enabling them to accept e-AWBs from all participating freight forwarders and forwarders will have a single agreement allowing them to tender e-AWB shipments to multiple airlines. IATA global head of cargo Des Vertannes said, "The approval of the multilateral e-AWB agreement is the most important new cargo standard developed in the last two decades. It gives us critical momentum to achieving the e-freight vision of a paperless cargo system." [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More