UK freight association launches new advisory body to focus on Heathrow cargo redevelopment - UK Haulier

UK freight association launches new advisory body to focus on Heathrow cargo redevelopment - UK Haulier

The British International Freight Association (BIFA) has launched a cargo community advisory body, which will undertake a lot of the activity previously covered by the CCSUK User Group. The first important task of the advisory body is to focus on the impact of the planned massive redevelopment of the cargo village at Heathrow Airport and the associated freight management systems. Steve Parker, BIFA director general, says: “Whilst we wait for the…

Hong Kong launches cargo digitisation project to improve trade finance opportunities

The Hong Kong Monetary Authority (HKMA) has launched Project CargoX, an initiative that aims to use digitalised cargo data to streamline bank processes and help SMEs access trade finance. The authority announced this week it has convened an expert panel of banks, cargo data providers, credit reference agencies and government bodies to produce a roadmap for the project by the end of this year. HKMA deputy chief executive Howard Lee said at the pa…

HKMA Forms CargoX Expert Panel to Modernise Trade Finance - Fintech Hong Kong

On 28 April 2025, the Hong Kong Monetary Authority (HKMA) announced the creation of an Expert Panel on Project Cargox. The panel aims to improve the digital ecosystem for trade finance by leveraging cargo data. Riding on the HKMA’s Commercial Data Interchange (CDI), Project Cargox is a multi-year, public-private collaboration. It focuses on three key areas. First, Project Cargox leverages cargo data to streamline and enhance trade finance proces…