E-global logistics refers to the Internet technologies that streamline the process of moving
goods and funds across borders . As indicated on figure 2, it is
composed of three main sub-sectors: (1) global trade compliance and landed cost solutions
that facilitate the customs clearing process and provide the total including cost of moving the
product from one country to the other; (2) global transportation management solutions that include
the software and services that facilitate the procurement of global transportation services,
the management of transportation contracts, the provision of track-and-trace information,
and carrier yield/price management; (3) global trade settlement solutions that help ensuring
that the seller gets paid and the buyer gets what is paid for in particular by enabling paperless
international settlement .