Sunday, June 16, 2024
Global freight forwarders sign up to IATA Net Rates

Global freight forwarders sign up to IATA Net Rates

Three major global freight forwarders have joined forces with IATA and its air cargo rates distribution platform, IATA Net Rates.

The platform has been developed by the industry for the industry, to not only serve the airlines and GSAs to streamline the distribution of cargo rates but also by freight forwarders to access a one-stop-shop for their rates needs.

DB Schenker, Agility Logistics and Hellmann Worldwide Logistics have joined forces with IATA to use the platform.

During the last World Cargo Symposium, IATA Net Rates announced that Qatar Airways had joined the platform as the official launch carrier, and is actively working with global and regional airlines to join the programme.

Glyn Hughes, global head of cargo at IATA says: “IATA is very pleased to be working with such an important and growing list of major freight forwarders. Electronic tariff distribution is one important component of modernising the entire distribution function.”

IATA Net Rates works closely with key industry groups for the development of API standards and the integration of the platform with other IATA standards such as One Record and Cargo XML.

Sven Heinemann, head of global data and contract management air/ocean at DB Schenker says: “The IATA Net Rates Tool is an enabler to make our carrier rates fully automatic available in our Schenker’s internal rate management systems. This will reduce manual effort and increase volume and data quality tremendously. We need all major airlines to participate in the programme to enable fully automated end-to-end connectivity.”

Frederic Leger, director airport, passenger, cargo and security products at IATA says: “IATA Net Rates fits perfectly within the vision and mission of IATA to develop standards, remove the paper with technology that brings efficiency to the industry and engage with all parties to join. IATA Net Rates is a neutral platform run by the air transport association for the benefits of the industry.”

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