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Thursday March 20, 2025

GALAXEFI, PIFFA join hands to modernise supply chain operations

By Our Correspondent
March 18, 2025
A representational image of containers stored at a facility. — AFP/File
A representational image of containers stored at a facility. — AFP/File

KARACHI: Galaxefi Solutions Private Limited (GALAXEFI) and the Pakistan International Freight Forwarders Association (PIFFA) have signed a memorandum of understanding (MoU) to drive digital transformation in the freight and logistics industry.

Under this strategic alliance, GALAXEFI -- Pakistan’s only real-time digital logistics and supply chain platform -- will work closely with PIFFA to enhance the digital capabilities of freight service providers. The collaboration aims to streamline operations, reduce paperwork and bring Pakistan’s freight forwarding businesses in line with global industry standards, the company said in a statement on Monday.

Pakistan’s shipping and logistics industry currently generates approximately 10 million paper documents annually. GALAXEFI’s digital solutions will facilitate the transition towards a ‘less-paper’ environment, ensuring greater efficiency, security, and compliance.

Founder and CEO of GALAXEFI Asif Pervez emphasised the significance of this partnership: “This collaboration marks a turning point for Pakistan’s logistics sector. We are not just introducing digital tools -- we are empowering businesses to scale, compete and thrive in the global marketplace.”

Chairperson of PIFFA Muhammad Jamil Ahmed highlighted the broader impact of digital transformation: “Freight forwarding is the backbone of Pakistan’s trade economy. By joining hands with GALAXEFI, we aim to equip our members with state-of-the-art technology, ensuring seamless operations and compliance with international standards.”