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Freightwalla Aims to Revolutionize Global Shipping and Logistics Industry | Hellenic Shipping News Worldwide

Freightwalla Aims to Revolutionize Global Shipping and Logistics Industry Notorious for being unorganized and its heavy use of manual processes, the traditional logistics industry has been always prone to high-worth errors and high-risk situations. In recent years with new technologies and tech-backed start-ups, the industry is witnessing a significant shift towards digitisation. Companies within the logistics and supply chain sphere must adapt to these advancements and trends which help them make well informed decisions. This will optimize the supply chain, improve efficiency and boost the bottom line. Freightwalla is an intelligent, digital Freight Forwarder working towards digitizing the country’s traditional USD 160 billion logistics industry.

Digitization: Blockchain Technology - Bill Of Lading In India - Technology

Impact of Covid: Given the contagious nature of the Covid-19 and the social distancing norms being followed as a preventive measure, various manual processes with relation to a BL such as surrender of original the BL at the shipping line s office, collection of paper invoice, payment by cash/cheque/other tangible source of payment to the shipping line, etc. cannot be complied with by a customer. More so, the national lockdown and social distancing has become a grave impediment as the service providers such as courier agencies are unable to deliver and dispatch the hard copy of the BL. This has directly impacted the release of import

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