Sunday, June 23, 2024
CIFFA members join Singapore ‘hive’ network

CIFFA members join Singapore ‘hive’ network

Global eTrade Services (GeTS) has partnered with the Canadian International Freight Forwarders Association (CIFFA) to get members on the hive (highly interconnected and vibrant e-trade) network.

Hive is a cross-border trade facilitation platform connecting multiple stakeholders from customs agencies, freight forwarders, shippers, carriers and brokers on a single window to strengthen trade and compliance.

With the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in place, businesses in Canada can enjoy preferential access to markets in Singapore, Asia Pacific and Latin America, allowing easier flow of traded goods.

Hive is part of CALISTA, a digital supply chain platform powered by GeTS, enabling members to orchestrate their supply chain activities from physical logistics, compliance through to financial requirements on a single platform.

Eugene Wong, chairman of GeTS says Canada’s trade with Singapore was worth C$920 million in exports and C$1.3 billion in imports in 2018.

He says: “We believe this partnership will greatly improve trade connectivity and bring value to CIFFA members, logistics and adjacency communities in Canada, ASEAN and beyond. We are delighted that CIFFA is onboard, and are committed to make trade more efficient through the neutral, open and collaborative hive platform.”

Bruce Rodgers, executive director of CIFFA says: “CIFFA is pleased to partner with hive and to leverage the strength of a 10,000 strong community of freight forwarders. In this time of increased global trade, compliance is complex. Harnessing the right platform facilitates trade for multiple stakeholders across multiple borders. We look forward to the partnership with hive as a win-win arrangement.”

Chong kok Keong, CEO of GeTS says: “By leveraging our deep G2B and B2B domain expertise and technological capabilities, we are happy that CIFFA can harness the hive platform to improve its reach and fulfilment of trade compliance, and enable our members to seek out new trade opportunities in Canada.”


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