Even as the push to make cargo transaction electronic across the globe has not met with the expected success in terms of meeting the time bound milestones due to regulatory challenges and technology constraints, the International Air Transport Association (IATA) seems to have gearing up to take it to the next level. The agency recently announced that from the beginning of the next year, electronic air waybill (e-AWB) will become the default contract of carriage for all air cargo shipments on enabled trade lanes. As per an estimate by the organization, electronic air waybill is now feasible in 69 of trade lanes.
A recent report indicates that some of the airlines are now making fast moves for e-AWB adoption, Flydubai, for instance, has reported 100 percent of AWBs electronic transaction. Kenya Airways and Cathay Pacific too have attained commendable penetration. On the global freight forwarding side, DHL Express is reported to be leading the drive with 73.8 percent penetration.