News

IATA's Net Rates gains converts

DB Schenker, Agility Logistics and Hellmann Worldwide Logistics have joined forces with IATA and its Air Cargo Rates Distribution platform, IATA Net Rates, for management of the full air cargo rates spectrum.

IATA Net Rates has been developed by and for the industry, to serve not only airlines and GSAs to help them streamline the distribution of all their cargo rates, but also for freight forwarders to access a unique one-stop-shop for all their air cargo rates needs.

Sven Heinemann, Head of Global Data & Contract Management Air/Ocean, DB Schenker, commented: “The IATA Net Rates Tool is an enabler to make our carrier rates fully automatic available in our Schenker’s internal rate management systems. This will reduce manual effort and increase volume and data quality tremendously. We need all major airlines to participate in the programme to enable fully automated end-to-end connectivity.”