FreightBro signs MoU with UAE’s National Association of Freight & Logistics
India’s first freight forwarder-facing platform, FreightBro, has signed a Memorandum of Understanding (MoU) with The National Association of Freight and Logistics, (NAFL), Dubai, to help their 400+ members to digitise their services.
With this partnership, the forwarders in the Middle East region will now be able to access import rates of China and India on the go and book shipments instantly. The platform will enable them to manage quotations, shipments, communication, and visibility on the go.
FreightBro is India’s first freight forwarder facing platform aimed at revolutionising the trillion-dollar forwarding industry through digitization of the manual processes in logistics.
It provides a digital platform for freight forwarders that enables them to procure rates faster, reduce operational inefficiencies, boost sales, make informed decisions using data analytics and thereby provide a seamless user experience.
Founded in February 1992 in Dubai, The National Association of Freight and Logistics (NAFL) works towards unite a growing number of freight and logistics service providers in UAE.
NAFL is also the first national association of freight forwarders to be established in the Arabian Gulf and to join International Federation of Freight Forwarders Associations (FIATA).
"As the UAE market rides the wave of digitisation, this partnership comes at a perfect time as a strategic initiative to accelerate digitisation in the Middle East freight industry,” said Mohammed Zakkiria A, co-founder, FreightBro. “For FreightBro, the association will help us expand our presence in the Middle East and work closely with the forwarders of the region.”
“Also, it is in sync with our ongoing trade lane development and solutions for small & medium sized forwarders in India, the UAE, and China,” he added.
Industry experts are pegging the UAE's logistics markets size at $30 billion. UAE, currently ranks 33rd in the world in terms of the size of its e-commerce market, estimates only their e-commerce market to grow to $17.8 billion in 2020.