WATERLOO, Ontario: January 10, 2017. The Descartes Systems Group and IATA are cooperating to help forwarders to receive air waybill (AWB) data through IATA's eAWBLink.
IATA global head of cargo Glyn Hughes said: "We launched eAWBLink as an easy-to-use solution to accelerate global electronic air waybill (eAWB) adoption and to compliment the current portfolio of high quality solutions developed by industry technology partners.
"We're pleased to partner with Descartes to use [its] Global Logistics Network (GLN) as the tool that will connect eAWBLink to over 100 carriers. Descartes is a leading provider of value-added network services for electronic logistics communications and a strong supporter of industry digitalization," Hughes added.
According to IATA there has been a notable rise in eAWB adoption among larger forwarders. Now with support from Descartes, it says smaller forwarders that generate about 25 percent of industry AWBs will be able to benefit from adopting the eAWB.
"Descartes has a long history of supporting IATA's strategic partner initiatives such as e-Freight, Cargo iQ and others in addition to the eAWB. We look forward to our continued collaboration to help standardize and digitize air cargo processes that can improve the productivity of all participants in the air cargo community," said GLN vice president Scott Sangster.
IATA reported this week the EBIT margin of a 90-airline sample fell to 14.5 percent in Q3 2016 from 15.0 percent a year earlier. Profit margins dropped in North America, reflecting volatile fuel and labor costs, but nonetheless remained solid. Meanwhile, margins rose modestly in Asia Pacific helped by a good quarter for airfreight, and were unchanged at 17.5 percent in Europe, where Q3 is the seasonal peak for profits.