News / The electronic waybill will be saved by interoperability, not monopoly

© Nikolay Antonov

Following the demise of TradeLens this month, CargoX has initiated what it believes to be the first exchange of an electronic bill of lading (eB/L) with a competing platform, edoxOnline.

The process took six minutes to complete and consisted of using a ‘transfer block’, which contained the data in the eB/L, as well as ‘endorsement chain’ data, which verifies its authenticity.

Currently, a winner-takes-all approach among platforms has been holding back eB/Ls, according to experts. Digital Container Shipping Association (DCSA) head Thomas ...