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Heavy Duty Trucking magazine and TMW Systems are offering a free webinar on the topic of blockchain to help fleets understand the potential of this transformative technology.
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Predictive analytics, blockchain, and other emerging technologies represent the future of data usage for trucking fleets.
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Penske Logistics has joined the Blockchain in Transport Alliance, a group dedicated to setting standards for blockchain technology applications developed for transportation.
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Blockchain is a combination of technologies that allow transactions between parties via a trusted, shared ledger. It's a complex sounding process but the shared record-keeping technology is showing promise for trucking applications.
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The group formerly known as the Blockchain in Trucking Alliance has expanded its mission and been renamed the Blockchain in Transport Alliance, reflecting its widened focus on all forms of transportation.
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UPS has joined the Blockchain in Trucking Alliance, stating that it sees a need to create industry standards and protocols to enable blockchain platforms to operate together with established technologies.
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Blockchain will start out as a platform to enable real-time transparency in logistics. But its future potential could transform trucking operations completely, explains Senior Editor Jack Roberts in his Truck Tech blog.
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In Part I of this two-part blog series, HDT senior editor Jack Roberts explains how the widely misunderstood blockchain concept works and how it will soon superpower logistics operations around the globe.
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TMW Systems says it is developing a new blockchain system for trucking with the potential to create a transparent, secure, real-time logistics matrix that could save the industry as much as $80 million a year.
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Kingsgate Transportation + Logistics, a non-asset based third-party logistics provider, has become a member of the Blockchain in Trucking Alliance, a group dedicated to setting standards for blockchain applications developed for the transportation industry.
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