Portall joins hands with CargoX to digitise bills of lading and trade documents
Logistics is undergoing transition to adapt to the new reality of social distancing and lesser touch points. The current pandemic played havoc and caused economic disruptions worldwide. To avoid the disruption and mitigate risks, the new normal focusses more on digitalisation and cloud platforms to enable a seamless supply chain. Technology is going to play a pivotal role in smooth operations of warehousing and logistics in India.
Recently, Portall Infosystems has collaborated with Slovenia (EU)-based CargoX to digitalise the processing of bills of lading (BL) and the transfer of trade documents, considered the last missing link in the electronic port community system (PCS 1x) rolled out by the government to promote ease of doing business.
Portall, a logistics management application, developed by Mumbai-based logistics conglomerate J M Baxi Group, was awarded a contract by the Indian Ports Association, an autonomous body under the shipping ministry, to roll out a pan-India Port Community System (PCS 1x).
A Bill of Lading (BL), the key legal document in global trade, is issued by a carrier (shipping line/ freight forwarder) to acknowledge receipt of goods, contract of carriage and document of title (ownership) of the goods.