Digital Container Shipping Association(DCSA) announced its nine ocean carrier members commit to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. Switching away from the transfer of physical paper bills of lading could save $6.5 billion in direct costs for stakeholders, enable $30-40 billion in annual global trade growth¹, transform the customer experience and improve sustainability, Ocean carriers issue around 45 million bills of lading a year. In 2021, only 1.2%of these were electronic.²
