Freight forwarders join forces with IATA for Air Cargo Rates Distribution

posted on 4th July 2019 by Justin Burns
Freight forwarders join forces with IATA for Air Cargo Rates Distribution

DB Schenker, Agility Logistics and Hellmann Worldwide Logistics have joined forces with IATA and its Air Cargo Rates Distribution platform – IATA Net Rates – for management of the full air cargo rates spectrum.

IATA Net Rates has been developed by and for the industry, to serve not only airlines and GSAs to help them streamline the distribution of all their cargo rates, but also for freight forwarders to access a unique one-stop-shop for all their air cargo rates needs.

DB Schenker head of global data & contract management air/ocean, Sven Heinemann said: “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 program to enable fully automated end-to-end connectivity.”

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

IATA’s global head of cargo, Glyn Hughes said: “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 modernizing the entire distribution function.”

IATA Net Rates work closely with key industry groups, for the development of API standards and the integration of the solution with other IATA standards such as ONE Record and Cargo XML.

Agility Logistics director of global air freight product, Shawn Lee said: “Agility expects that our carrier partners will also see the benefits in using IATA Net Rate and believes that this will be the industry-wide standard in the future. It gives us full visibility at the headquarter level, which facilitates our global procurement process.”

IATA said adding the global networks of three major freight forwarders prove that the industry is eager to develop programs that will protect their interests and support the digital transformation.

Hellmann Worldwide Logistics global head of air freight, Jan Kleine-Lasthues added: “We need more airlines joining IATA Net Rates to make it “the” industry platform for air cargo rates distribution. IATA plays an important role in working with airlines to support standardization and facilitate implementation, and we expect more carriers to join the program shortly.”