1992: 2-D bar codes provide an almost infinite variety of codes, which could prove especially useful in international shipping.
Documents are the containers that keep the supply chain operating. Certificates of Quality, Bills of Lading, Customs Declarations, Invoices, and related documents facilitate supply chain actions and serve a vital […]
U.S. Federal Maritime Commission steps forward with notice of inquiry to evaluate alleged ocean carrier abuse of “merchant” definition for bill of lading responsibility.
A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
The process of sending bills-of-lading with cargo has changed little in generations, but the problems have remained: BOLs arrive at different times than the cargo, causing delays and added cost. But blockchain could eliminate these expenses and streamline the process.
