CFO says it’s critical to have a seat at the table.
OmniTRAX Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, on behalf of its managed and affiliated railroads, is the first short line company to join the Blockchain in Transport Alliance (BiTA).
BiTA was founded to engage thought leaders within the transportation and technology industries who have a shared vision of leveraging blockchain technology within the supply chain to develop a standards framework, educate the market and encourage widespread adoption.
“As a leading transportation services company, we want to have a positive impact on efficiency, security and transparency for our customers and partners, and that’s what blockchain offers,” said Hubert Gassner, OmniTRAX chief financial officer. “It is critical for the short line and regional railroad sector of the transportation industry to have a seat at the table when supply chain technology standards that can enhance performance are discussed.”
BiTA was founded to engage thought leaders within the transportation and technology industries who have a shared vision of leveraging blockchain technology within the supply chain to develop a standards framework, educate the market and encourage widespread adoption.
“As a leading transportation services company, we want to have a positive impact on efficiency, security and transparency for our customers and partners, and that’s what blockchain offers,” said Hubert Gassner, OmniTRAX chief financial officer. “It is critical for the short line and regional railroad sector of the transportation industry to have a seat at the table when supply chain technology standards that can enhance performance are discussed.”