Data standardization and its benefits – Executive Insights with Thomas Bagge, CEO of DCSA
Shipping and Freight Resource
DECEMBER 9, 2021
A financial modelling exercise to quantify the potential cost savings of the usage of digital shipping documentation, namely the electronic bill of lading (eBL) showed that at a global economic growth rate of 2.4% through 2030 the industry could potentially save an estimated $4 billion+ every year if a 50% eBL adoption was achieved.
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