Thursday, December 30, 2010

Calogi Celebrates a Second Successful Year of Growth and Innovation in the Air Cargo Industry

As the Year Comes to a Close, the Calogi Team Reflects on Successes and Milestones

DUBAI, UAE - 30th December, 2010 Calogi (www.calogi.com), the largest air-freight portal solution in the Middle East, is celebrating two successful years of providing cutting-edge, cost reducing, eco-friendly solutions to the air cargo supply chain community.

The first of its kind in the air cargo community worldwide, Calogi was launched in 2008, and over the past two years, has achieved many significant milestones. During this short period, Calogi has experienced phenomenal growth - the companies subscribing to the portal currently number more than 400, forming a user base in excess of 1,195 who have together conducted more than two million successful transactions to date. The overall number of users, transactions and customers is expected to double year-on-year.

The overwhelming impact of the state-of-the-art innovations and services that Calogi has introduced, has not only significantly improved the efficiencies of the air cargo industry, but has also changed the way in which the community at large conducts air cargo business. Its pioneering paperless cargo systems and ‘green’ operation can potentially eliminate the need for over 3.5 million air waybill copies that accompany export shipments every year from Dubai alone. In Calogi’s digital world, where the export forwarder no longer has to distribute paper copies of the air waybill to his trading partners, significant productivity gains are also expected. Calogi’s on-line archiving and retrieval system also removes the need for printing a paper copy of the air waybill for filing purposes.

“The key to Calogi’s success is its immediate benefit to the air cargo industry; we provide solutions that are not only innovative and lead to significant cost savings for our customers, but also provide a ‘greener’ way of working,” said Patrick Murray, Head of Calogi. “By enabling the air cargo supply chain to do business electronically, Calogi has united the local community, enabling each partner to exchange digital information to form the basis of a cost effective e-freight compliant solution.”

To date, Calogi is processing over 70 per cent of the Dnata CTO shipments electronically. Enabling the industry to remove the paper air waybill and accompanying documents from all shipments processed via the Dnata terminals will result in cost savings to the industry. IATA estimates these costs at around US$4.9 billion annually, once e-freight is implemented across the globe. 
  
Since its launch, Calogi has been at the forefront of many innovations including its IATA electronic air waybill (e-AWB) solution.  Other successes include the comprehensive credit management engine, which allows Calogi to act as a clearing house between buyers and sellers of services and the ad-hoc air waybill release feature, which allows more than 90 airlines represented on the portal to do business with over 300 forwarder companies. These and the many other ground-breaking developments, culminated in Calogi winning the prestigious top twenty CIO award in November 2009.

About Calogi:
Calogi's wide range of state-of-the-art cargo services encompasses an entire network of on-line business components for the air cargo industry stakeholders, which include freight forwarders, airlines, logistics operators, customs and 3PL providers.

The first of its kind in the air cargo community worldwide, Calogi's web applications have been designed and developed after several months of meticulous research on the current and future demands of the industry. By creating a ‘virtual’ business environment for a wide variety of cargo industry players, Calogi enables the supply chain community to complete transactions without leaving their office or home, eliminating the need for face-to-face office meetings and lengthy waits on the end of a telephone.

Calogi removes outmoded paper-based and labour intensive processes, by creating a one-stop, integrated internet-based communications solution, catering to the needs of the worldwide airfreight industry.

No comments: