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Home MoU

GALAXEFI and PIFFA Sign Strategic MoU to Digitize Pakistan’s Freight Forwarding Industry

TechX Editor by TechX Editor
March 19, 2025
in MoU, Press Release
Reading Time: 2 mins read
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GALAXEFI and PIFFA Sign Strategic MoU to Digitize Pakistan's Freight Forwarding Industry

March 18, 2025 – In a groundbreaking move to modernize Pakistan’s logistics and freight forwarding industry, Galaxefi Solutions Private Limited (GALAXEFI) and the Pakistan International Freight Forwarders Association (PIFFA) have signed a Memorandum of Understanding (MoU). This strategic alliance aims to accelerate digital transformation within the sector, bringing it in line with global standards.

Table of Contents

Toggle
  • Enhancing Digital Capabilities in Freight Forwarding
  • Addressing the Paperwork Challenge
  • Leadership Perspectives on the Collaboration
    • Asif Pervez, Founder and CEO of GALAXEFI
    • Muhammad Jamil Ahmed, Chairman of PIFFA
  • A Step Toward a Modern Supply Chain Ecosystem

Enhancing Digital Capabilities in Freight Forwarding

Under the partnership, GALAXEFI—Pakistan’s only real-time digital logistics and supply chain platform will collaborate closely with PIFFA to enhance the digital capabilities of freight service providers. The initiative focuses on streamlining operations, reducing paperwork, and equipping Pakistani businesses with the tools needed to compete on the global stage.

Addressing the Paperwork Challenge

Pakistan’s shipping and logistics industry currently generates approximately 10 million paper documents annually, creating inefficiencies and compliance challenges. GALAXEFI’s digital solutions aim to transition the industry toward a ‘less-paper’ environment, ensuring greater efficiency, security, and adherence to international standards.

Also Read: Saudi Cabinet Approves MoU with Pakistan Over Money Laundering

Leadership Perspectives on the Collaboration

Asif Pervez, Founder and CEO of GALAXEFI

Asif Pervez emphasized the transformative potential of the 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.”

Muhammad Jamil Ahmed, Chairman of PIFFA

Muhammad Jamil Ahmed highlighted the broader impact of the initiative:
“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.”

A Step Toward a Modern Supply Chain Ecosystem

This MoU represents a significant milestone in modernizing Pakistan’s supply chain ecosystem. By leveraging digital solutions, the partnership aims to make the industry more efficient, transparent, and globally competitive, paving the way for sustained growth and innovation in the logistics sector.

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