Cowan Systems, a Transport Topics Top 100 for-hire carrier and Top 50 Logistics provider, announced it has joined the Blockchain in Transport Alliance (BiTA).
“The decision to join BiTA was a logical step in Cowan’s view towards future technology trends. It also makes sense to be part of a consortium of other industry participants and stakeholders where we have input into how the next chapter in supply chain technology will play out,” said David DeCillis, Cowan Systems’ Director of IT. “Blockchain, decentralized apps and smart contracts hold the potential to solve many of the problems that plague the highly transactional and complex world of moving freight.”
BiTA is a forum for promotion, education, and encouragement to develop and adopt blockchain applications in the trucking, transportation, and logistics industry. BiTA’s goal is for members to participate, discuss, create, and adopt industry standard uses of blockchain applications and to provide clarity and direction for the development of blockchain technology in the trucking industry in a manner that will create efficiency, transparency, and foster trust. BiTA standards are intended to create a common framework to help organizations develop and adopt blockchain technology.
William T. Cowan established W.T. Cowan, Inc. in 1924 with a single truck that he owned and operated. Mr. Cowan hauled Hendler’s ice cream from the creamery in Baltimore City to a commissary in D.C. Cowan was a savvy entrepreneur, who expanded his “Fast Freight” business to provide LTL service throughout the Middle Atlantic States.
Joseph W. Cowan, the son of W.T. Cowan, opened Cowan Systems, LLC. as a new operating entity in 1994. Cowan Systems expanded the company focus to include the services of a specialized truckload carrier, including fleet replacement and dedicated fleet services. Today, Cowan’s state-of-the-art fleet has grown to nearly 2,000 power units and 5,000 trailers along with brokerage, warehousing and drayage operations across the US.
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