Logistics Plus Inc. (LP), a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce that it has joined the Blockchain In Transport Alliance (BiTA) to help develop and set standards for blockchain technology within the transportation industry.
Multi-awarded European tech startup OriginTrail has developed a blockchain protocol for the food supply chain, Food Safety Magazine reports
Transparency18 is designed to be a unique freight conference for participants. Towards that end, the two-day event will dedicate one day to live product demonstrations. Companies are encouraged to sign up to demonstrate their innovative solutions.
In the future of freight, relationships will take a back seat to data and how carriers use the data to speed price and capacity discovery.
Building “a trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration, and high-speed value transferring” is the business model of blockchain-as-a-service (BaaS) company VeChain. In other words, it’s seeking to stop counterfeiters.
Samsung SDS has successfully completed a pilot run of its blockchain platform Nexledger in the shipping industry of South Korea, along with different players in the market including shipping logistics companies, the Korean Customs, and major ocean liners.
Call it the Internet of Things, the Sharing Economy, a result of the ELD mandate, or the emergence of blockchain-style applications, but we are witnessing a digital gold rush when it comes to developing technologies bent on improving supply chains.
Redwood Logistics (Redwood), a top-100 3PL provider and one of the fastest growing logistics companies in North America, announced today it has been selected as the newest member of the Blockchain in Transport Alliance (BiTA).
Global ag giant Louis Dreyfus Company has successfully concluded its first international shipment utilizing blockchain technology.
Industry-wide ELD adoption is forging a yellow brick road for blockchain and other technological marvels.
Chattanooga, TN-based Lync America has joined other transportation industry visionaries by collaborating with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
TRAFFIX, one of Canada’s longest-serving third-party logistics specialist, based out of Milton Ontario with offices in Toronto, Montreal, Chicago, and Dallas, is proud to announce that they have joined the Blockchain in Transport Alliance (BiTA).
“It’s fairly mind-blowing what’s happening in the industry right now,” says Chris Polk, An American Trucker podcaster.
Last Friday, the Blockchain in Transport Alliance (BiTA) decided to keep its standards intellectual property open, to encourage ease of adoption.
Learning Machine Technologies, a leading global provider of blockchain-based records for institutions including MIT and the Republic of Malta, has joined the Blockchain in Transport Alliance (BiTA).
SCLogic, a leading provider of in-building logistics systems, announced today that they have joined the Blockchain in Transport Alliance (BiTA).
International Business Machines Corporation (IBM) has rented out as many as 60 data centers worldwide for the Bitcoin-dependent enterprises using the blockchain.
FreightRover, the freight exchange and streamlined payment platform, announced today that it has joined forces with other industry leaders in the Blockchain in Transport Alliance (BiTA).
Craig Fuller, Managing Director of BiTA, says that blockchain-enabled smart contracts will facilitate more detailed, specialized transactions without the high fees of credit cards.
Singapore-based blockchain startup LALA World has confirmed a joint development project with Bermuda-based cybersecurity firm, Verifiable Identity-Based Encryption (VIBE), to secure its blockchain-enabled banking system.
Based in Ashford, AL, Alabama Motor Express has joined forces with the Blockchain in Transport Alliance (BiTA) to help with the implementation of blockchain technology in the supply chain.
Mexico’s ambassador to the United States told CBS News there is a 50% chance that the end result of NAFTA negotiations will be termination of the trade pact.
FLS Transportation Services, Limited (FLS), a North American third-party provider of logistics solutions and transportation management services, is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
The push-pull of technological innovations in transport and communications is nothing new. It’s all a matter of how the technology is adapted and brought into the current marketplace’s way of doing business.
Truckers in the U.S. deserve better pay, but despite what many think, it’s not the fault of the carriers that they are not getting it. The system is broke and needs to be overhauled.
The sharing economy is generally organized around a technology platform that facilitates the exchange of goods, assets, and services between people across a varied and dynamic collection of sectors.
With its ICO in mid-January, Shipchain is poised to present the transportation industry with a new way of doing business.
Could the bitcoin bust be good for blockchain technology?
The failure of the venture capital sector to catch up to the innovations happening at break-neck speed might speed up its imminent demise with the involvement of blockchain-based start-up companies, claims a leading advocate of initial coin offerings.
As Dubai has started positioning itself in the global marketplace as “the metropolis of the long term,” Moeco has secured a tech partnership with UAE-based Yzerchat to test its blockchain-enabled router.
Rail Delivery Services, a premier provider of intermodal drayage, dedicated trucking, and consolidation services, has joined the BlockChain in Transport Alliance (BiTA).
Seaford, DE-based Trinity Logistics has joined other transportation industry giants by partnering with the Blockchain in Transport Alliance (BiTA), a recently formed group to ensure the standardization of blockchain technology in logistics.
Long Island Iced Tea Corp. today announced that the parent company is shifting its primary corporate focus towards the exploration of, and investment in, opportunities that leverage the benefits of blockchain technology.
American Truck and Rail Audits, Inc. (AMTR) announced that it has joined the Blockchain in Transport Alliance (BiTA).
Navistar delivers massive quarter, blowing away estimates and showing tremendous year-over-year growth. This reinforces the view that the freight market is strong, as carriers purchase new trucks to take advantage of freight demand.
Chattanooga, TN-based BlockArray is one of the companies working to develop blockchain-enabled solutions, and it is looking for companies to participate in pilot studies.
Bettina Warburg, blockchain researcher, entrepreneur, and educator, has been confirmed as a keynote speaker at future of freight conference Transparency18 in Atlanta next May.
Don Tapscott, business executive and blockchain thought leader, has been confirmed as a keynote speaker for FreightWaves’ Transparency18 conference. Tapscott combines a deep knowledge of the ways that technological innovation has changed business over the past thirty years with his up-to-date network of blockchain researchers.
Dan Piscatelli has been appointed as CFO of TransRisk, and former TransRisk CFO, Dan Conner, has been appointed as CFO of Blockchain in Transport Alliance (BiTA).
Both East Coast Transport (ECT) and the Blockchain in Transport Alliance (BiTA) believe blockchain is one of the most significant developments for the industry since the creation of the internet. ECT has joined BiTA to part of that development.
In an interview with FreightWaves, Tadmore Transportation CEO Pete Emahiser says the blockchain will create a common language that carriers, shippers and brokers can all speak, but he also forsees other possibilities, including a capacity blockchain.
South Africa’s Heavyweight Group starts a digital load board and joins Blockchain in Transport Alliance (BiTA).
Supply Chain Dive has announced its list of awards for 2017 and one award that garnered some interesting attention is the Buzzword of the Year: blockchain.
Let go of your fear-of-missing-out (FOMO): the blockchain revolution is just beginning.
Blockchain is a foundational technology, said Jason Kerner, vice president of sales engineering for Project44, that will allow the building of transformational technologies in the future.
Like all of the companies at the first Blockchain in Transport Alliance (BiTA) meeting, held last month in Atlanta, TMW Systems sees blockchain technology playing a critical role in the freight transportation industry going forward.
Don Hummer Trucking is betting on the future of blockchain technology to radically transform the trucking industry. The company recently announced it is joining the Blockchain in Transport Alliance.
George Abernathy, an industry veteran, joins TransRisk as the company accelerates growth
Cowan Systems, a Transport Topics Top 100 for-hire carrier and Top 50 Logistics provider, announced it has joined the Blockchain in Transport Alliance (BiTA).
Job application fraud is a serious and significant problem in all industries. But without the time and financial resources to properly vet candidates, especially in an industry such as trucking with is facing a shortage of some 50,000 drivers, bad employees get through.
Security within the supply chain can be increased with blockchain technology because of its transparency.
ZIM, MTI, and Maersk have all announced trials of blockchain-based solutions for shipping, from bills-of-lading to cybersecurity protections.
Defining a common set of standards is critical to ensuring the mainstream adoption of blockchain-enabled technologies. That’s according to the CEO of Marine Transport International, a UK logistics technology provider that specializes in blockchain-enabled products.
One of the common questions surrounding blockchain is how it will be utilized in the supply chain. Many people assume smart contracts, transparency and quicker payments will be early uses. For Rana Basu, founder and president of Consurgo, that discussion is ongoing on a daily basis.
LoadDelivered, a leading temperature-controlled third-party logistics (3PL) provider in North America, announced today that it has become a member of the Blockchain in Transport Alliance (BiTA).
Sheer Logistics, a 3PL and transportation services provider headquartered in St. Louis, MO, has joined the Blockchain in Transport Alliance.
Just as people are getting used to the concept of blockchain and Bitcoin, now we have something called initial coin offerings (ICOs), which use cryptocurrencies to raise money. Sometimes called token sales or TGEs, they are becoming a popular way for companies, especially startups, to raise funds.
Arke Technology, a company dedicated to improving driver retention, has joined the Blockchain in Transport Alliance (BiTA). This membership will allow it to influence the future of transportation technology by taking part in the development of blockchain technology standards and education for the freight industry.
When people discuss blockchain, often the concept is too abstract to grasp. In many respects, you need a phD to understand it. So it was fortuitous for Blockchain in Transport Alliance (BiTA) members that the group’s first meeting in Atlanta recently had just such a person.
Regardless of their level of knowledge on blockchain, attendees at the first BiTA meeting were engaged by Ken Craig, senior vice president of special projects for McLeod Software, as he delivered an energetic and entertaining primer on Blockchain 101.
Logis9, a tech-enabled, non-asset based 3PL based in Sunnyvale, CA, that designs customer transportation solutions, announced it has joined as a new member of the Blockchain in Transport Alliance (BiTA).
Nearly 60% of people find blockchain interesting, but remain unclear on its usefulness, according to a Gartner Research survey. That was just one of the nuggets of information Bart DeMuynck, research director at Gartner, imparted on the audience during the recent Blockchain in Transport Alliance (BiTA) meeting.
On Black Friday, Morgan Stanley released its research report “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype”–we break down the key takeaways, from lists of current use cases to potential obstacles to implementation and how they’ll be overcome.
ShipChain, the blockchain platform disrupting the trillion-dollar freight industry, announced its membership in the Blockchain in Trucking Alliance (BiTA.) In doing so, it also made clear its intention to partner with other major players in the logistics space, like UPS, in order to scale unified transport management as far and wide as possible.
Automation and digitization continue to infiltrate the shipper and 3PL markets, even as those industries lag in investment, according to a study conducted by Infosys Consulting and presented during a Stifel conference call on Tuesday.
TMW’s Tim Leonard has been at the forefront of big data in transportation for decades. Now he’s leading the charge on developing blockchain business applications. Yesterday, Leonard spoke to FreightWaves about his recent product demos.
Cargill’s in-house blockchain will allow you to trace the journey of your Thanksgiving turkey, from farm to table. If this experiment in giving consumers unprecedented visibility into their food is successful, it will be expanded after the holidays.
Weeks after Mastercard announced its foray into blockchain technology, American Express (AmEx) has launched its own blockchain-based payment service through the fintech startup Ripple, according to a report by Reuters.
Blockchain is digital ledger that can improve global trade security, stop illegal smuggling, and more importantly, reduce transit times currently bogged down by bureaucracy.
Building a smart contract requires coding, and incorrect code could turn a good deal into a not-so-good deal. To help alleviate that problem, McLeod Software this week introduced FlowLogix Smart Contracts.
YRC Worldwide Inc. (NASDAQ:YRCW) has joined the Blockchain in Trucking 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.
At its core, fraud stems from a lack of transparency. More and more companies look to blockchain as a technology solution for increasing transparency.
Nick Darmanchev, CEO of Archer Atlantic Global Logistics, believes that joining BiTA, “provides us with an opportunity to embrace the technology while helping to lay a foundation on which the future applications we build will conform to agreed standards.”
Profit Tools Inc., a provider of Intermodal Transportation Optimization Solutions, today announced that it has joined the Blockchain in Trucking Alliance (BiTA).
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.
Today SAP SE, a global leader in enterprise management software, announced their partnership with the Blockchain in Trucking Alliance (BiTA). SAP is a German multinational corporation with 84,000 employees serving 365,000 business and public sector customers in 180 countries.
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.
A push to increase detention pay has been gaining momentum in recent years in the U.S., yet detention remains a significant problem for carriers. Could the introduction of ELDs and blockchain eliminate that problem?
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.
The Internet of Things (IoT) has come to trucking, generating data that improves safety and efficiency for carriers while at the same time giving shippers and customers realtime visibility into the location and condition of their goods.
Cargo and vehicles can become damaged en route, and often carriers are on the hook for those damages. But a new startup, PEIR, is providing photographic proof of conditions to help protect carriers.
UPS (NYSE:UPS) today said it has joined the Blockchain in Trucking Alliance (BiTA), a forum for the development of blockchain technology standards and education for the freight industry.
Argus Transport Canada, a technology-driven Montreal based trucking and 3PL today announced it has joined the Blockchain in Trucking Alliance (BiTA).
“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.
C.H. Robinson, a world-leading third-party logistics (3PL) provider, announced today that it has joined the Blockchain in Trucking Alliance (BiTA) to influence the development of blockchain standards and applications in the transportation business.
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.
P.B. Industries (PBI) has joined the Blockchain in Trucking Alliance (BiTA), an Alliance to create a common framework in order to assist members and industry participants with their organization’s decision to develop and adopt blockchain technology.
DAT Solutions has joined the Blockchain in Trucking Alliance (BiTA). The Alliance is promoting blockchain technology and standards in the transportation industry. DAT operates North America’s largest digital freight marketplace.
There are some things that money can’t buy. For everything else, there’s Mastercard even for blockchain as reported by ZDNet. This opens up new opportunities for merchants and financial institutions alike to apply this technological trend to their own e-commerce-related foray into cloud-based solutions.
Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart are teaming up with IBM Blockchain to identify vulnerabilities in the food supply chain in order to prevent the effects of tainted food before they occur.
eCapital, a leading supply chain financial services provider, announced today that it has been selected as the newest member of the Blockchain in Trucking Alliance (BiTA). BiTA was formed by experienced tech and transportation executives to create a forum for the development of blockchain standards and education for the freight industry. View member companies here.
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.
Stifel sees stable, strong market fundamentals across transport. Click through for a recording of Stifel’s Friday afternoon BiTA conference call.
Stifel Capital Markets will be hosting a dial-in conference call on Friday, Oct. 27, at 11 a.m. ET. Entitled “The Blockchain in Trucking Revolution,” the call will feature Craig Fuller, CEO of TransRisk and co-founder of the Blockchain in Trucking Alliance, and Chris Burruss, president of the Blockchain in Trucking Alliance.
