GlobalTranz Enterprises Inc. announced it has joined the Blockchain in Trucking Alliance (BiTA), a group of industry executives and companies dedicated to developing and promoting blockchain technology standards throughout the logistics and trucking industry.
Choptank Transport, an award-winning, nationwide third-party logistics (3PL) provider announced today that it has joined the Blockchain in Trucking Alliance (BiTA) to help shape the future of logistics technology.
Fort Worth, Texas-based Apex Capital Corp, a freight factoring company serving small to medium-sized trucking companies, proudly announces its membership in the Blockchain in Trucking Alliance (BiTA).
Transfix, the technology platform that is changing the way companies and shippers manage their supply chain, announced today that it has joined the Blockchain in Trucking Alliance (BiTA).
Azuga, a leading global provider of connected vehicle and fleet technologies, today announced that it has joined the Blockchain in Trucking Alliance (BiTA).
Tadmore Transportation, a freight brokerage firm headquartered in Toledo, OH, announced today that it has joined the Blockchain in Trucking Alliance (BiTA). BiTA was established in August 2017 to bring logistics leaders together to cooperatively develop industry blockchain standards.
FR8 Revolution, creators of the FR8Star.com marketplace for open deck carriers and shippers, announced today it is has joined the Blockchain in Trucking Alliance (BiTA), a forum for the development of blockchain technology standards.
Jeff Mason joins FreightWaves as Managing Director. Jeff was previously with ATA, where he ran Transport Topics and TIA where he served as Chief of Staff. Prior to joining industry associations, Jeff ran the trucking content and media businesses of Randall Reilly.
“Uberization” has become a huge buzzword in the 3PL industry, but the business models of the digital brokers using apps is unlikely to have an impact on the way the industry operates. The technology of smart contracts, however, is a game-changer.
Arrive Logistics, a top 75 U.S. transportation brokerage, headquartered in Austin, Texas, announced today they have joined the Blockchain in Trucking Alliance (BiTA). Arrive Logistics is the fastest growing freight broker in the United States.
Last Friday afternoon, Stifel Financial Corp.’s John Larkin hosted a conference call with Blockchain in Trucking Alliance (BiTA) Founder Craig Fuller, President Chris Burruss and 228 industry participants to discuss how BiTA will work as a forum to create standard protocols and procedures for supply chain participants as the industry shifts to blockchain over the next 3-5 years.
The recent run up in bitcoin price has not kept the critics at bay. One thing that most agree is that blockchain technology, the underlying technology of bitcoin, promises real-world applications and game-changing outcomes.
Penn State issued its 22nd annual 3PL study and the overriding theme was about the importance of data transparency in the supply-chain. Shippers are demanding more transparency in all of their vendors, but since logistics is the life-blood of a supply-chain, 3PLs must accelerate their investments and offerings for shippers.
While not new to the supply chain, technology is lowering barriers and offering new opportunities for 4PLs to move in and control entire supply chains, creating greater efficiency for all involved.
Sandeep Kar, one of the commercial vehicles industry’s most respected names has joined the TransRisk Board of Advisors. He brings decades of research and insights on the commercial vehicle market, along with a perspective on the impact of autonomous, electric, telematics, and blockchain technologies will have on the trucking industry.
Much has been written about the death of freight brokerages and 3PLs. This is wrong. The 3PL industry is about to change- but it won’t meet its death. It will get bigger and more important as the next generation of digitization takes place.
With the introduction of smart insurance contracts in transportation applications, companies in the freight business could emulate a similar offering to solve some of the major disruption risks involved in carrier service failures.
Federal officials iterate their belief that a transparent and efficient government is achievable through blockchain technology
In what might be one of the biggest victories for BITA to-date, document imaging powerhouse, Pegasus joins the Blockchain in Trucking Alliance (BiTA)
Anyone that has ever bought a house or vehicle knows how much of a pain it is and that is assuming you have a clean title. If not, all bets are off. With blockchain, the transfer of assets could be instant and without the risks normally involved in buying and selling.
TMW Systems sees enormous potential with blockchain technology, but notes that successful implementation requires a “strong partnership with a technology provider that understands its intricacies and potential applications.”
Blockchain has taken center stage in 2017, and we are only at the beginning. But before everyone declares blockchain the solution to all the world’s problems, two authors note that there needs to be standards and governance to make it work.
TMW acquires truckload visibility aggregator, 10-4, continuing a trend of FreightTech acquisitions in the market transparency space.
There are certain practices in trucking that are not above board and cause a lot of strain on the companies in the space. Will the implementation of blockchain smart contracts, these practices could be ended, ushering in transparency and fairness for all involved.
FEMA disaster relief logistics highlights the need for blockchain implementation. Blockchain is an emerging technology that promises to bring transparency and visibility to transactions.
Blockchain is predicted to radically change the financial services sector. Deloitte Tweeted that 10% of global GDP will be stored in blockchain. For companies like Deloitte, staying ahead of the curve in blockchain technology is paramount. But what about for logistics companies?
TransRisk, a pioneer of solutions designed to allow transportation industry participants to efficiently manage price risk in the North American freight transportation market, has added nationally recognized transportation markets leader Donald Broughton to its team.
Convey, a supply chain visibility and communication company, has secured $8.25 million in Series B funding from Techstars Venture Capital Fund, RPM Ventures, and other investors in a round of funding just announced.
Singapore might be world’s smartest city. When you think of tech, you reflexively picture Silicon Valley. While Palo Alto may reign in the west, a tiny island nation of 5.6 million leads the east… and it’s turning to blockchain.
