Akademik

e-freight
e-freight UK US noun [U] TRANSPORT
a system, started by IATA (= International Air Transport Association), used in the industry of transporting goods, that allows processes and communication to be done by computer rather than on paper: »

In response to price competition, IATA is aiming to cut costs through its e-freight programme.

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The e-freight system simplifies the cargo business, removing costs of paper printing and allowing customers to see the location of their goods over the internet.


Financial and business terms. 2012.