BNSF Logistics, a leading multi-modal third-party logistics service provider, announced it has joined the Blockchain in Transport Alliance (BiTA) to help lead, develop and promote benchmark standards for blockchain applications; the next generation of secure transactions in logistics and supply chain management.
Features and benefits include:
- First set of transportation industry-specific blockchain standards
- Securely digitizes transactions
- Manage shipments more quickly, securely and with greater integrity
- Automation and precision throughout the supply chain
- 10% of global GDP will be built on blockchain applications by 2025
“Blockchain is a strategic direction for BNSF Logistics, LLL, that will revolutionize the way organizations do business. Partnering with the BiTA community will allow us to collaborate on specific plans. BNSF Logistics, LLC, sees our alliance with BiTA as an opportunity to benefit the entire industry through uniform objectives,” says Tom Madzy, Chief Information Officer for BNSF Logistics, LLC.
BNSF Logistics is a subsidiary of Burlington Northern Santa Fe, LLC, a Berkshire Hathaway Company. BNSF Logistics is a multi-modal, third-party logistics services provider specializing in movement of freight around the globe, featuring uncommon service scope, resources and financial depth. The company operates more than 30 officers throughout North America, with more than 120 FCPA-certified Global Service Providers (GSPs) for import and export of general and project cargoes throughout the world.
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