FIATA or The International Federation of Freight Forwarders Associations was founded in Vienna/Austria. First organized in the year 1926, the FIATA World Congress has been assembled 51 times until today, bringing the top representatives and decision-makers of the logistics sector under one roof.

FIATA, a non-government organization, represents an industry of more than 40,000 logistics and forwarding firms, employing around 10 million people in 150 countries.

Each year FIATA organizes a World Congress, in different countries across the globe. It was previously held in Taiwan (in 2015), Ireland (in 2016), and Kuala Lumpur (in 2017). The international event brings together the freight forwarding industry and transport world and improves the quality of services rendered by freight forwarders globally. The event not only provides an international platform to the leaders and stakeholders of the logistics industry across the globe, to showcase their digital expertise, but also proves to be a great medium to gain remarkable insights about the challenges that logistics companies face on a daily basis and provides sustainable solutions to deal with these challenges.

Logistics is a vast sector, comprising of shipping, warehousing, port-service, road, air, and sea freight and other value-added services. For a seamless supply chain, one needs to use these services carefully and keep on improving them through proper discussion and debate between all the decision makers and stakeholders of the industry. The global logistics market currently generates over USD 8 trillion annually and represents around 11% of global GDP. All the commercial sectors depend on a cost-effective flow of goods, and so, logistics is considered to be the backbone of every economy which needs to be strengthened.

Currently, India is the fastest growing economy in the world. Indian freight transport is growing by leaps and bounds and it is estimated that by 2020, its CAGR will be around 13.35%.

With initiatives like ‘Make in India’, ‘Digital India’, and ‘Skills India’, even the government is now determined to improve the transportation infrastructure, which is the most important factor to drive growth opportunities for Indian Logistics Service Providers.

Therefore, with the support of the Indian government, FIATA World Congress was held for the first time in India (New Delhi) from 26th to 29th September 2018.

This year, numerous participants from various sector of the logistics industry, coming from 90+ different countries, were a part of the 4-day event.

  • To assemble all stakeholders across the globe under one roof
  • To create opportunities for developing new business relationships
  • To discuss future projections of the logistics sector, in order to manage its sustainable growth
  • To put on display, the ever-growing power of the Indian economy, and of the logistics sector as well
  • To develop deeper affiliations between the importing/exporting sectors and the logistics and transportation sector
  • To optimize time and cost for producers, industrialists, and exporters, in order to sustain competitive advantage in a new target market

Every year there is a competition held during the event, FIATA World Congress YLP 2018 (Battle of the start-ups) – A competition to showcase the disruptive technologies that have changed and will change the logistics industry. FIATA committee awarded FreightBro for their enthusiasm and dedication to disrupt the industry with technology.

Our enthusiastic team of experts was thrilled to be a part of such an informative meet and greet. During the 3 days long conference our team was delighted to showcase our digital platform to more than 1000 companies. Since the conference was focused on technological advancements and digitization of the freight industry, the participation of FreightBro was obligatory.

We are thankful to FIATA 2018, for giving us an opportunity to showcase our ideas, discoveries, and advancements at such a grand pedestal. We look forward to more such opportunities at an even grander FIATA World Congress 2019.

   

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