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Ease of Logistics portal: A win-win situation for exporters and the shipping lines

Fiinews by Fiinews
September 29, 2021
in Exports, Manufacturing, Technology
Reading Time: 1 min read
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CSLA, FFFAI and AMTOI support FIEO portal

Realizing the challenges faced by exporters due to acute shortage of containers, FIEO has developed a trade facilitation portal, www.easeoflogistics.com, to bring exporters and logistics service providers (LSPs) on a single platform.

Speaking at the launch on 27 Sept 2021, FIEO President Dr A Sakhtivel said that over 1,800 exporters and over 300 service providers on-boarded the portal during the soft launch.

To ensure an effective response rate to exporters demand, FIEO has also obtained support from all the leading logistics associations including Container Shipping Lines (CSLA), Freight Forwarders (FFFAI) and Multimodal Transport Operators (AMTOI).

Dr Sakthivel said that the portal offers a value proposition to all stakeholders. “Exporters can post details of their container requirements directly to service providers for providing their best quotes, enabling exporters to chat, negotiate and finalize business.”

He expressed optimism that with wider visibility of demand, there will be better price discovery for exporters and their container fulfilment probability shall improve through this portal. On the other hand, with advance visibility of demands, the logistics service provider LSPs shall be in a better position to do equipment planning and container repositioning besides getting access to demands of pan India exporters giving them wider business outreach.

Commerce and Industry Minister Piyush Goyal inaugurated portal. #exports #investment #technology #shipping #economy /fiinews.com

Tags: FIEO
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