Tranzport, a logistics technology and services company, has announced it has joined the Blockchain in Transport Alliance (BiTA). Blockchain technology has the potential significantly upend the logistics and supply chains and by joining BiTA, Tranzport is joining with like-minded companies interested in developing open-sourced standards and collaborating with these leading companies in advancing blockchain technology.
BiTA has over 400 member companies from all areas of the supply chain.
Tranzport also announces the launch of its smart freight management platform that reduces complexity, manual tasks and vacuums of knowledge that have been prevalent in the logistics industry. Tranzport operates two service divisions: Tranzport Concierge and Tranzport Cloud. With Tranzport, shippers and carriers have multiple ways of booking loads, complying with regulations, maintaining quality standards, and keeping all of their data in one place.
Tranzport Concierge is a managed-services freight and logistics provider that allows shippers the ability to have a personalized shipping experience. Servicing shippers and carriers with traditional brokerage services, the Tranzport Concierge team is comprised of industry-veteran logistics experts who leverage the Tranzport Cloud platform to enhance productivity and provide levels of service that are rare in traditional brokerages.
Tranzport Cloud is a software enabling its shippers and carriers to book and manage loads, communicate with counterparties, gain visibility into facilities and locations, collaborate with team-members, and retain institutional memory. Shippers gain access to over 250,000 carriers and brokers vetted and verified in real time.
The platform is optimized for full truckload (FTL) shippers that ship over 750 truckloads per year.
Compliance, verification, business management, and private labeling functions come standard with Tranzport. This feature set has won the business of several large volume shippers including some Fortune 500 clients. With it, they are easily shipping, tracking, and complying more efficiently.
The company has positioned its offerings as a feed for smart contracts. It believes that blockchain will create efficiencies and new best practices in the industry.
The Tranzport Cloud platform enables users to collect metadata to keep a record of activities that happen throughout the lifecycle of a shipment. Through Tranzport Cloud, shippers and carriers receive an Enhanced Bill of Lading (EBL) – a metadata-rich document that stores images, geotags, and other tamper-proof information to help shippers and logistics providers have full visibility into a shipment’s chain of events. EBL’s will eventually be used to enforce smart contracts. As blockchain becomes mainstream, Tranzport will be able to commit EBL data to an indelible public ledger visible only to the parties involved in the transaction.
Tranzport Co-Founder and President David Woldenberg says, “we founded Tranzport to make shipping easier, more affordable and more transparent. We give you a hassle-free way to ship, track, and comply. By giving you insight, actionable options and real time tools, we offer you online, to on truck, to on site solutions.”
The company’s founder is also enthusiastic about artificial intelligence. “The future is here. Much of the difficulty and cumbersome processes logistics professionals have to navigate through are being vastly reduced and companies like ours are at the forefront of that innovation. We have already developed algorithms that create ‘tours’ – lanes created by algorithms that consolidate multiple shorter FTLs that enable a carrier to move continuously, minimizing deadhead miles.”
Contact Tranzport at cloud@tranzport.com to schedule a live demo or for more information.
About Tranzport:
Launched in 2016, Tranzport is pioneering a new era of logistics. The company completed its latest round of venture funding in Q3 of 2018. Tranzport operates two divisions: Tranzport Cloud and Tranzport Concierge. Tranzport Cloud is a cloud-based freight reservation and management software. Tranzport Concierge is a human based full-service freight broker and logistics service provider that allows shippers the ability to have a personalized broker experience. The two divisions operate independently.
About BiTA
Founded in August of 2017, BiTA promotes the development and adoption of blockchain applications in the trucking, transportation and logistics industries, including establishing industry-wide standards. Members include truckload, LTL, and parcel carriers, as well as shippers, tech startups and incumbents, insurance companies, law firms, and other industry participants who have an interest in integrating blockchain technology into their organizations. Visit BiTA at https://bita.studio.
