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Timber Exchange partners with CargoX to facilitate ACI filing for the forestry industry

Oct. 7, 2021, 1 p.m.

(7 October 2021 - Sweden) -- CargoX has partnered with Centersource Technologies, a provider of digital supply chain infrastructure and automation solutions, and its Timber Exchange platform.

The Timber Exchange provides the global forestry industry with a central place to manage its global supply chain, along with a B2B marketplace and a market data hub. 

As Egypt is an important timber market for the largest producers and exporters, such as Sweden, Finland, and Russia, a collaboration between Centersource & CargoX is a natural step to jointly digitise and simplify global trade. 

Timber Exchange aims to provide sawmills and timber exporters with a truly seamless and automated experience to ensure full compliance from ACID.

Amir Rashad, CEO of Centersource Technologies, says, "We look forward to educating the market about the ACID regulations and offering the integrated tools of Timber Exchange & CargoX to provide smart tools that both automate the process and significantly reduce the risk of non-compliance. After all, small mistakes or missed deadlines can lead to import rejection at POD."

 

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