FedEx, the giant US courier company, proactive adopter blockchain technology and BiTA member, has joined Linux hosted open-source project Hyperledger to further advance the use of distributed ledger in logistics, and transportation.
The conclusion to the Hazelwood trial is expected to be reached today in Chattanooga, TN.
According to an open letter from Walmart to its leafy green suppliers, the company will forge ahead in blockchain development as part of the Food Trust as soon as early 2019.
Walmart brought blockchain technology to the forefront now three times.
R2 Logistics, Inc., a customer-focused third-party logistics (3PL) service provider, is the latest member of the Blockchain in Transport Alliance (BiTA).
The two Koreas consider historic trade agreements in the middle of ‘Autumn Eve’, their peak shipping season.
BiTA participated in the Singapore Week of Innovation and Technology (SWITCH) 2018.
The Chicago based freight forwarder and 3PL announced that it has joined BiTA.
Financial services still the main industry testing blockchains as technology promises to ease transactions. cropping
Able Freight Services, a leading global cold chain logistics provider with 25 years in business, today announced it has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation industry.
We may have seen one of the most important legal decisions in the short life of cryptocurrencies. The precedent has been set that they can be regulated as securities.
Team Worldwide, a diversified global logistics provider that offers “best in class” logistics, freight forwarding, customs brokerage, truck transportation and other solutions for its customers around the globe, has joined the Blockchain in Transport Alliance (BiTA).
Getting participants to join the supply chain is “the number one challenge by far,” says Piscini. “We’ve created the platform to incentivize players across the industry.”
Ripe.io provides enterprise blockchain technology for the food and agriculture industry in an effort to create greater trust and transparency between food producers, contributors and consumers.
Freight Management Inc. (FMI), a certified veteran-owned and family-run technology- leveraged third-party logistics (3PL) provider, recently became a member of the Blockchain in Transport Alliance (BiTA).
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.
With peak season just around the corner, the LoadStar reports “turmoil” and “chaos” in all UK ports; A call with investors has revealed that investment in supply chain and rising transportation costs ate into Best Buy’s margins last quarter, but sales increased overall; and more in Today’s Pickup.
Advent Intermodal Solutions (www.adventintermodal.com), a leader in information technology and cloud-based software solutions for port and terminal operators and landside logistics, has joined the Blockchain in Transportation Alliance (BiTA).
ITL, a Chicago-based company specializing in warehousing and logistics, recently became a member of the Blockchain in Transport Alliance (BiTA).
Wipro Limited, a leading global information technology, consulting and business process services company, has joined the Blockchain in Transport Alliance (BiTA).
The Blockchain Research Institute (BRI) and Blockchain in Transport Alliance (BiTA) today announced a new partnership to improve coordination, cooperation and governance within their respective memberships.
Techpertise together with TMW Systems …Transport blockchain startups have shifted their strategies from ICOs and token sales to traditional VC raises and the brand new thing: security token offerings.
Just how a Deerfield, IL, company became so important to the industry is a long story that starts with the teletypewriter, a macaroni-twisting machine and its namesake and founder, Edward Kleinschmidt.
According to a survey by PwC, 84% of respondents are actively involved in blockchain. The Blockchain in Transport Alliance (BiTA) could be the industry’s answer to the ever-pressing question of standardization—after all, 45% of the survey’s respondents believe that the issue of trust could delay blockchain.
Logistyx Technologies (www.logistyx.com), a leading developer of Transportation Management Execution™ shipping software, today announced it has joined the Blockchain in Transportation Alliance (BiTA).
LaneAxis is looking to drive efficiency in the trucking network by using blockchain to help shippers connect directly with carriers without brokers or 3PLs.
Salesforce, the original SaaS unicorn and the world’s leading customer relationship management platform, announced that it has joined the Blockchain in Transport Alliance.
Sharelogis Trade Services China Ltd, the leading China-based provider of logistics services and supply chain solutions, announced that it has joined the Blockchain in Transport Alliance.
The concept involves storing a multitude of various types of data within a distributed ledger network, including information about a given package’s destination, its movement and transportation plans for shipment units.
Cisco, the world’s leading provider of the networking hardware that powers the internet, has joined the Blockchain in Transport Alliance.
By offering truck drivers and dock workers micropayments to upload data to the blockchain, Fr8 Network is changing the calculus of technology adoption and pushing the transportation industry forward.
Once blockchain technology reaches a tipping point—with or without tokens—there should be another infusion of funding in the digital ad startup space and, as a result, innovation.
Slync, an intelligent platform redefining multi-party interaction, automation, and collaboration throughout the supply chain , has agreed to a multi-year partnership with FreightWaves, the leading data and content source for the freight market.
Serve.io has developed technology protocols using blockchain, which it believes can inject transparency in supply chains and cut out middle-men and exorbitant platform fees within the system.
Transpacific container rates continue to gain momentum; UPS files blockchain patent applications; Uber is uncertain about self-driving cars; Elon Musk doubles-down on ‘no sleep’; cautious optimism for US-China trade talks lifts equities markets; container lines expect profits in the back half of 2018.
Microsoft and IBM’s enterprise blockchain projects consume a lot of media bandwidth, but there is more exciting and ambitious work being done in transport and logistics by a thriving community of startups.
RTW Air Services SA, a Swiss General Sales & Service Agent (GSSA) for a substantial number of international air carriers, is the latest member of the Blockchain in Transport Alliance (BiTA).
XYO Network, a company bringing realtime location data to the blockchain, has announced its membership in the Blockchain in Transport Alliance (BiTA).
JP and Zach Strickland were at the McLeod CFO conference at the Westin in Nashville. We sat down with BiTA Managing Director and co-founder (and FreightWaves CEO!) Craig Fuller and McLeod’s VP of Special Projects Ken Craig, also a BiTA cofounder, to talk about the history of the Blockchain in Transport Alliance. We talk about technology alliances, intellectual property, data standards, and, of course, the promise of blockchain.
Blue Horseshoe, a global software and services firm specializing in supply chain and logistics, has joined the Blockchain in Transportation Alliance (BiTA).
Omnichain Solutions (Omnichain), a supply chain technology startup that leverages the power of Blockchain, announces it has joined the Blockchain in Transport Alliance (BiTA).
MercuryGate International, Inc., a leading provider of transportation management system (TMS) solutions, announced today that the company has joined the Blockchain in Transport Alliance.
Tranzport, a logistics technology and services company, has announced it has joined the Blockchain in Transport Alliance (BiTA).
Collabrian Design and Technology, a provider of digital transformation solutions to the transportation and logistics industry, has become the newest member of the Blockchain in Transport Alliance (BiTA).
Cyberattacks increase with technology inclusion in supply chains; Tesla doubles loss this Q2; China is pumping billions into OBOR strategy; Aramco drops IPO as fuel prices rise.
Maverick Transportation LLC, is excited to announce it has joined the Blockchain in Transport Alliance (BiTA).
Nestlé is the latest company to turn to blockchain technology to ensure the safety of their supply chain, particularly narrowing in on the ingredients that go into the baby food purees and pouches produced by Gerber.
Supply chain automation company doubles its team in three months
Hapag-Lloyd believes that data standardization would help various stakeholders to collaborate together and improve the supply chain efficiency in the maritime industry.
ShipChain, a South Carolina-based blockchain logistics startup, successfully resolved a dispute with the Securities Division of the South Carolina Attorney General’s office. A cease and desist order entered in May was vacated yesterday.
Used truck prices in June were changed little month-over-month, but posted a 15% increase over June 2017, according to ACT Research.
According to CB Insights, “the maritime shipping industry accounts for 90% of global trade and is only now beginning to leverage technology. This shift could have far-reaching impact on retailers, consumer goods companies, manufacturers, and more.” With this important industry in mind, CB Insights hosted a July 24 webinar to “explore how shipping companies and global ports are utilizing automation and blockchain technology to revolutionize the shipping industry,” taking a look at various aspects of the supply chain along the way.
Chainyard, North Carolina’s largest blockchain specialist, announces its alliance with Blockchain in Transport Alliance (BiTA).
Panelists from Redwood Logistics, Slync, the Trusted IoT Alliance, and Flux Protocol discussed the difficulties of pushing adoption of blockchain-powered IoT devices, despite the technology’s obvious potential.
Wolf Direct, an emerging U.S. transportation solutions provider has announced their membership in the Blockchain in Transport Alliance (BiTA).
Techpertise together with TMW Systems …We’ve known for years that public blockchains needed a second layer for throughput and privacy, but only now are solutions for the largest networks being built out and tested.
The FedEx Institute of Technology is partnering with Good Shepherd Pharmacy to build a new blockchain infrastructure in Memphis to help get needed cancer medications into people’s hands.
APL Logistics, a provider in integrated logistics, has become the latest member of the Blockchain in Transport Alliance (BiTA).
Tiger Spider, a Australian transport engineering consultancy believes blockchain and data standardization would be integral to creating an efficient and profitable freight transportation system.
Jack Cooper Holdings and Logistics, a specialty transportation and logistics provider, announced its membership in the Blockchain in Transport Alliance (BiTA) today.
CargoX, an independent supplier of blockchain-based solutions for logistics, has become the latest member to join the Blockchain in Transport Alliance (BiTA).
Creating private data for separate nodes on a Fabric channel was kind of complicated and cumbersome, but now it’s easy, making meaningful collaboration between businesses a real possibility.
South Korea-based Lotte Global Logistics announced that it has joined the Blockchain in Transport Alliance (BiTA).
Chubb, the world’s largest publicly traded property and casualty insurer, recently became an industry association member of the Blockchain in Transport Alliance (BiTA).
VOLT Technology, a post-ICO startup using the power of blockchain to provide companies, individuals and couriers a decentralized platform that manages point-to-point (P2P) deliveries, has joined BiTA.
SF Holdings, a leading integrated logistics and supply chain service provider based in China, has joined BiTA.
General Electric has filed a patent that draws out its plan on using blockchain in validating and verifying 3D-printed products making its way into its supply chain.
In a blockchain conference held this week in Amsterdam, a panel discussed the potential and impact of blockchain in the transportation and logistics industry.
Info-X Software Technology has joined the Blockchain in Transport Alliance to participate in the global alliance of businesses working to develop and educate on blockchain.
UPS opens $100M Paris distribution center, Boston prepares for traffic increases, and more on Today’s Pickup.
Panelists from BiTA, IBM, Chain.io, and Morris, Manning, and Martin talked about blockchain use cases, the future of the technology, the regulatory landscape, and had different views on cryptocurrencies.
This week, the Council of Supply Chain Management Professionals (CSCMP) published their 29th annual State of Logistics Report, which identified the trends that will impact the industry for the remainder of the year and well into the future.
Sweetbridge Alliance, the go-to-market network for a decentralized, liquid and transparent global supply chain powered by open-source blockchain protocols, recently became an industry association member of the Blockchain in Transport Alliance (BiTA).
Just weeks after opening an office in Singapore, the Blockchain in Transport Alliance (BiTA) has engaged with industry on the benefits and potential of blockchain technology. These discussions have led to NR Capital joining the Alliance.
Piecing together the details of what comes from seed to table has never really been done successfully before. If it could be, the implications for both public health, corporate transparency, and anti-counterfeiting efforts would be huge.
Techpertise together with TMW Systems …We explore blockchain’s scalability challenges and some recent techniques that attempt to solve the problem, along with the tradeoffs involved.
SpotSee, the global leader in shock and vibration monitoring through low-cost connectivity and data, is joining the Blockchain in Transport Alliance (BiTA) to help develop the standards for blockchain in the transportation market.
RevUnit, a digital strategy and product studio with clients in the logistics space, has joined the Blockchain in Transport Alliance (BiTA) to help industry leaders work toward common blockchain standards.
Dale Huang, the CTO of COSCO Network e-Logistics spoke about the importance of blockchain in the logistics and shipping world and how he expects the technology to gain centerstage in the near future.
SEC’s Jay Clayton has dismissed the idea of amending securities law to suit ICOs and mentioned that if IPO comes with a token it should be considered a security.
K & L, a privately owned full-service transportation and supply chain solution provider, recently became a member of the Blockchain in Transport Alliance (BiTA).
Technology like this comes along only every couple of generations. “We believe there will no ‘winner,’ there will be multiple blockchains, and we need to play in a interoperable world. Think of this as a big secure database, with a big secure search engine on top,” said Dale Chrystie of FedEx.
SAP announced the expansion of its SAP Leonardo Blockchain technologies, through which the company hopes to create immediate business value for its clients.
For widespread data openness and implementation, it is essential to develop data standards that are mindful of the collective interests of all the stakeholders in the freight industry.
Turns out, of blockchain’s many potential (and developing) applications, few could be as game-changing as what it would mean for the food industry.
Tranzlogix, a technology solutions company for the transport industry, has joined BiTA.
What does it mean to be a technology company today, and how do you anticipate changes and prepare to scale?
ShipChain, a startup hoping to integrate global shipping logistics on the blockchain, has been hit with a cease-and-desist order from the Securities Division of the South Carolina Attorney General’s Office. The order regards the $30M presale of the company’s token, SHIP, which ended in January 2018.
The logistics sector faces immense pressure—to be better, faster, and less expensive. A significant amount of pressure has been applied to nearly all industries by disruptive conglomerate Amazon, which has single-handedly changed expectations of consumers everywhere.
Don Tapscott offered a bold, near-utopian vision of the transformation that blockchain will bring to the global economy and the nature of the corporation itself.
Norfolk Southern (NYSE: NSC) today announced it has joined the Blockchain in Transport Alliance.
Everything has a supply chain if you think about it. How we make, design, and deliver is changing.
HCL Technologies, a leading global technology company, today announced it has joined the BiTA.
Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry.
Obtaining data that is both clean and usable remains a challenge for the industry, one that blockchain is promising to solve.
We may not have seen full-scale industrialization with blockchain applications just yet, but we’re not in the early days anymore. Big change is coming.
Smart contracts will lower the labor costs—and thus the price—of receivables factoring, but don’t expect same-day payments because the technology won’t change fundamental capital requirements, says Triumph’s Jordan Graft.
The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?
BiTA announced it would be forming Think Tanks to help identify industry pain points that blockchain could help solve. The Alliance also said the first BiTA Standards should be out before the end of 2018.
The new Blockchain in Supply Chain Alliance (BiSCA) is designed to meet the needs of supply chain participants looking for education and guidance on the development of blockchain standards.
