POSCO International launches e-bill of lading consortium to digitize trade documentation - XLI News | RalliesPOSCO International launches e-bill of lading consortium to digitize trade documentation
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XLI• Consortium aims to digitize trade documentation
- POSCO Holdings unit Posco International formed an e-bill of lading consortium to digitize trade documentation.
- Targeted transit time cut to hours from 5–10 days; document handling costs seen falling by up to 80%.
- Posco Flow to coordinate carrier-shipper rollout; KTNET to run the e-trade platform tied to trade-finance systems.
- The initiative expands beyond documentation into e-Nego to digitize trade-finance workflows, linking logistics, financing, and collections data.
