The collaboration helps reduce documentation friction, strengthen cargo control and improve efficiency in high-volume LCL operations
HONG KONG, June 18, 2026 /PRNewswire/ -- IQAX, a global leader in trade intelligence technology, has launched a pilot with Tianjin Consol International Co., Ltd., a leading North China–based less-than-container-load (LCL) freight forwarder and non-vessel-operating common carrier (NVOCC), through its partnership with EZShipping. Under the pilot, Tianjin Consol is using IQAX's blockchain-based electronic Bill of Lading (eBL) and IQAX One, which combines digital documentation, data and workflow orchestration to improve operations. The initiative shows how integrated digital documentation can reduce friction, strengthen cargo control, as well as deliver practical efficiency and risk-management gains in high-volume LCL operations.
The pilot reflects broader challenges in LCL shipping, where high shipment volumes, multiple counterparties and tight timelines make documentation complex and costly. Paper bills of lading remain slow, while alternatives such as telex release and seaway bills often require trade-offs between speed and cargo control.