FFFAI flags off e-FBL initiative on CODEX platform
The Federation of Freight Forwarders Associations in India (FFFAI) has recently launched India's first smart and interactive electronic FIATA (International Federation of Freight Forwarders Association) Bill of Lading (e-FBL) initiative hosted on the CODEX platform for its members at its recent celebration that took place on 09 June 2023 in Delhi, India.
Piyush Goyal, Union Minister of Commerce and Industry, Government of India, unveiled the platform powered by Kale Logistics Solutions. The FIATA paperless Bill of Lading allows freight forwarders to easily issue a secured e-FBL through a seamless one-click process, thereby removing double data entry.
The e-FBL initiative will be game-changing for the overall ecosystem as it will not only help in scaling large-scale automation and bring transparency but also offer end-to-end communication between stakeholders and eliminate security risks in the logistics ecosystem.
Vineet Malhotra, Co-Founder and Director of Kale Logistics Solutions said, “We are delighted to serve the members of FFFAI with our next-gen CODEX platform. The salient feature of our solution is standardised data exchange along with secured access capabilities. This will reduce nearly US$50 for each shipment with respect to documentation, courier, and postage charges.”
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