Blockchain News & Updates

A number of companies have found new life – and revenue – simply by changing their name to include the word blockchain.

St. Charles, IL-based Simple Logistics is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).

The Morpheus.Network, the full-service, global, automated supply chain system with integrated cryptocurrency payments, joins BiTA in building the ultimate importing and exporting platform on the blockchain.

OpenPort, the digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, today announced that it has joined the Blockchain in Transport Alliance (BiTA).

Werner Enterprises (NASDAQ: WERN), a transportation and logistics provider, is pleased to announce its collaboration with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.

TrueNorth announced that it has joined the Blockchain in Transport Alliance (BiTA).

Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).  

Shaw Industries Group, a leading global floor covering provider, has joined the Blockchain in Transport Alliance (BiTA).

Blockchain in Transport Alliance (BiTA) has announced that Daimler Trucks North America (DTNA) is the association’s most recent member, including a membership on the BiTA board.

Cass Information Systems, Inc. has joined the Blockchain in Transport Alliance (BiTA), a consortium of industry leaders committed to developing standards and guiding the widespread adoption of blockchain technology in logistics.

Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering specialized transportation services, today announced it has joined the Blockchain in Transport Alliance (BiTA).

The BuildCoin Foundation is envisioning a blockchain related ecosystem which can help expedite the construction of global infrastructure projects via public-private partnerships.

Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.

Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.

Blockchain technology has the potential to massively improve processes within the freight industry. LoadBlock, an Arizona-based start-up, is capitalizing on this shift in technology by developing blockchain-integrated systems.

The Wall Street Blockchain Alliance and BiTA announced a partnership to define the impact of blockchain technology for the global transport markets.

Velocity Freight Transport, Inc. (Velocity Transport) announced today it has joined BiTA.

Jury deliberations in the Pilot Flying J trial begin tomorrow. We’ve learned as much about the importance of data analytics as we have about fraud.

BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).

BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).

Supply chains are such a complex enterprise, that it’s nearly impossible to solve any one problem without it impacting another part of the chain. That was one of the main points that Michael Zargham, founder and CEO of BlockScience, said during a discussion last month in New York City.

Transparency18 Sponsored article An estimated 17M ocean shipping containers make approximately 200M trips globally on an annual basis. A typical international shipping container is interchanged between 8-10 parties before the […]

JD.com, China’s largest retailer and one of Asia’s largest internet companies, joins BiTA 

Energy Transport Group, a diversified cross-border transport company serving North America, has joined the Blockchain in Transport Alliance (BiTA). 

FedEx, in association with BiTA, is looking to create more transparency and data security in logistics operations through blockchain technology.

Reliance Partners, a leader in transportation and logistics insurance and risk management, announced today that it joined the Blockchain in Transport Alliance (BiTA). 

Aidant Technologies, a data integration firm headquartered in Atlanta, GA, has joined the Blockchain in Transport Alliance (BiTA).

American Global Logistics announced its membership in the Blockchain in Transport Alliance (BiTA).

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.

Thousands of European cryptocurrency debit card users were left in the lurch when Visa suddenly discontinued their services to crypto debit card issuer WaveCrest earlier this month.

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).

Bettina Warburg explains blockchain to a child, a teenager, a college student, and an expert in this video from Wired Magazine.

IBM and Maersk have teamed up to build blockchain solutions for the maritime container shipping industry, apparently focusing on automating costly import-export documentation.

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.

FreightWaves, in partnership with the Georgia Tech Institute of Technology and the Blockchain in Transport Alliance, will be presenting the inaugural Transparency18 Future of Freight Conference, May 22-23, 2018, in Atlanta, GA, at the Georgia International Convention Center. The event promises to be unlike any previous trucking or logistics show.

The value of Bitcoin may fluctuate, but the level of energy consumption needed to mine the currency is shooting straight up. This begs the question- will countries with cheap electricity reconsider this as they are forced to look at dirty forms of power? 

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.

FreightWaves’ readers made the past year a great one for our young brand. Today, we take a fond look back at your favorite articles from 2017.

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.

Uberization has been a hot term to describe digital transactional brokerage. But a bigger, untapped opportunity might be available in the market 

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. 

MSTS has become the newest member of BiTA and promises to revloutionize the world freight payments.

Block Array LLC, a Chattanooga, TN-based startup, today announced its membership to BiTA – the Blockchain in Transport Alliance.

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.

Like many carriers, Santa has been stressed about the ELD mandate, knowing that compliance is impossible and kids would not understand that the FMCSA was operating alongside the Grinch in a coordinated effort.

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.

Blockchain in Transport Alliance (BiTA), the freight industry’s first advocacy organization devoted to the development of blockchain standards and education, today announced the first board of directors for its standards council, following the inaugural board meeting on December 5, 2017.

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.

North American third-party logistics provider (3PL) and specialist in less-than-truckload and multi-modal shipping, Cerasis, is the latest transportation entity becoming a member of the Blockchain in Transport Alliance (BiTA). With […]

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.

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.

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.

BNSF Logistics, a leading multi-modal third-party logistics service provider, announced it has joined the Blockchain in Transport 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.

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.

BiTA, previously known as the Blockchain in Trucking Alliance has expanded its mission and renamed the Alliance the Blockchain in Transport Alliance to reflect its focus on all forms of transportation, not just trucking.

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.