SINGAPORE - Media
OutReach - 30 May 2019 - Global eTrade Services (GeTS) today announced the
partnership with the Canadian International Freight Forwarders Association
(CIFFA) to onboard their members on hive (highly interconnected & vibrant
e-trade), joining a vibrant and connected global association-centric community
of more than 10,000 freight forwarders spanning across Asia to Latin America
and now North America.
hive is a
cross-border trade facilitation platform connecting multiple
stakeholders from customs agencies, freight forwarders, shippers, carriers and
a collaborative single window to strengthen trade and compliance
With the Comprehensive and Progressive Agreement for Trans-Pacific
Partnership (CPTPP) in place, businesses in Canada can enjoy preferential
access to markets in Singapore, Asia Pacific and Latin America, allowing easier
flow of traded goods between these countries. Members can leverage hive to gain competitive
advantage, establish credible partnerships through hive's Partner Discovery
Service and request for quotation for services not limited to geographies. Their cross-border trade compliance needs can
be fulfilled through 26 customs nodes connecting more than 175,000 parties
globally. Additionally, hive is part of CALISTATM
-- a digital supply chain platform powered by GeTS, enabling members to orchestrate
their supply chain activities from physical logistics, compliance through to
financial requirements on a single platform.
Mr Eugene Wong, Chaiman of GeTS said: "Canada's trade with
Singapore amounts to nearly C$920 million in exports and C$1.3 billion in
imports in 20181. We believe this partnership will greatly improve
trade connectivity and bring value to CIFFA members, logistics and adjacency
communities in Canada, ASEAN and beyond.
We are delighted that CIFFA is onboard, and are committed to make trade
more efficient through the neutral, open and collaborative hive platform."
Mr Bruce Rodgers, Executive Director of CIFFA said: "CIFFA is pleased to
partner with hive and to leverage the strength of a 10,000 strong community of
freight forwarders. In this time of
increased global trade, compliance is complex. Harnessing the right platform facilitates
trade for multiple stakeholders across multiple borders. We look forward to the partnership with hive
as a win-win arrangement."
Mr Chong Kok Keong, CEO of GeTS said: "By leveraging our deep G2B and
B2B domain expertise and technological capabilities, we are happy that CIFFA
can harness the hive platform to improve its reach and fulfillment of trade
compliance, and enable our members to seek out new trade opportunities in
Canada. We will continue to grow the hive
community with more strategic partners to make trade more accessible, easier
1Source: Trade Data Online: Industry Canada. March 11,
About Global eTrade Services
Global eTrade Services (GeTS), a global
leading trade platform company, is shaping the future of trade and supply chain
with its innovative use of technology and deep G2B and B2B domain expertise.
GeTS enables the orchestration of physical logistics, compliance and
financial requirements of trade and supply chain seamlessly, smartly and
securely, thus powering global trade by making it accessible, predictable and
easier to fulfil. The company has linkages to 26 Customs nodes across the
world, with more than 175,000 connected parties and conducting more than
18 million transactions annually.
About Canadian International Freight Forwarders Association
The Canadian International Freight Forwarders
Association (CIFFA) is celebrating 70 years of leadership in 2018 and today
represents some 260 regular member firms from the largest of multi-national
global logistics provider firms to small and medium sized Canadian companies.
CIFFA member companies employ tens of thousands of highly skilled international
trade and transportation specialists. As a vital component of Canada's global
supply chain, CIFFA member companies facilitate the movement of goods around
the world. International freight forwarders are the foremost experts in cargo
transportation solutions and essential partners in advancing the Canadian
economy and the economic prosperity of Canadians.