OceanWaves: Driving accountability in contract performance

This fireside chat is a recap from FreightWaves’ OceanWaves Summit on Wednesday.

FIRESIDE CHAT TOPIC: How much volatility can the ocean market take?

DETAILS: The risk of the market turning against you is ever present in negotiating ocean shipping contracts, and that can chill relations between shippers and carriers, both looking for an advantage. Longer contracts in the wake of severe disruption may become a more-or-less permanent solution to bring predictability and accountability to contracts.

SP...

https://www.freightwaves.com/news/oceanwaves-driving-accountability-in-contract-performance

BiTA introduces collaboration platform tool

The Blockchain in Transport Alliance (BiTA) hosted a public-facing webinar last week to celebrate the four years of its vibrant community and its path forward in the exploration of blockchain technology’s applicability to the challenges of modern supply chains.

Viewers from around the globe tuned in to hear about the community collaborative efforts around the development of open-source data standards that may be leveraged to create efficiencies for trade.

BiTA President Patrick Duffy was joined...

https://www.freightwaves.com/news/bita-introduces-collaboration-platform-tool

TRUX announces Blockchain in Transport Alliance membership

TRUX, the leader in dump truck logistics technology, announced today it has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain use in the transportation industry. TRUX joins after a multitude of global members, including Daimler, FedEx and Uber Freight.

Dump truck on the highway. (Photo: iStock)

The TRUX team, consisting of construction industry veterans, technology leaders and hard-working innovators, regularly...

https://s29755.pcdn.co/news/trux-announces-blockchain-in-transport-alliance-membership

Tachyon joins Blockchain in Transport Alliance

Tachyon, maker of the revolutionary, machine learning-based logistics platform, announced that it is joining the Blockchain in Transport Alliance (BiTA). As part of BiTA, Tachyon will participate in devising standards and best practices for the use of blockchain technology in the transportation industry. With this move, Tachyon is joining other industry leaders, such as Descartes, Daimler, FedEx and Uber Freight in support of blockchain-based solutions for the industry.

“We feel there is a...

https://s29755.pcdn.co/news/tachyon-joins-blockchain-in-transport-alliance

Walmart Canada adds DCs, supply chain tech in C$3.5B push

A view from inside a Walmart distribution center. Walmart Canada is adding two distribution centers as part of a larger investment.

Walmart Canada plans to build two new distribution centers and bring more technology into its supply chain as part of a C$3.5 billion (US$2.6 billion) investment to grow its e-commerce and in-store operations. 

Walmart said it will spend C$1.1 billion to construct the new distribution centers near Toronto and Vancouver and renovate an existing one in Ontario. 

“The retail business is as dynamic as ever and this investment ensures we’re developing a supply chain that is the envy of the world,”...

https://s29755.pcdn.co/news/walmart-canada-adds-dcs-supply-chain-tech-in-c3-5b-push

BiTA Symposium @HOME: Discussions over blockchain in logistics — Part 2

Blockchain in logistics (Graphic: BiTA)

The BiTA Symposium @HOME on June 10 saw speakers present blockchain use cases and possibilities across various verticals within the supply chain industry, elucidating ways to leverage blockchain to bring in more transparency and visibility into logistics operations. In a series of two digests, FreightWaves outlines key aspects of those talks individually. For the first part of the discussion, check here.

Specright empowers Salesforce blockchain customers to create trusted supply chains

Customer...

https://s29755.pcdn.co/news/bita-symposium-home-discussions-over-blockchain-in-logistics-part-2

BiTA Symposium @HOME: Blockchain in logistics discussions (Part 1)

Blockchain in logistics (Graphic: BiTA)

The BiTA Symposium @HOME on June 10 featured speakers presenting blockchain use cases and possibilities across various verticals within the supply chain industry. They illustrated ways to leverage blockchain to bring more transparency and visibility into logistics operations. In a series of two digests, FreightWaves attempts to outline key aspects of those talks individually. 

Founded in August 2017, the Blockchain in Transport Alliance, or BiTA, has become the largest commercial blockchain...

https://www.freightwaves.com/news/bita-symposium-home-blockchain-in-logistics-discussions-part-1

Companies channel spirit of ‘coopetition’ for blockchain success

Blue background that says BiTA Symposium at Home

Large corporations have given more credence to blockchain technology over the last few years, rolling out systems to track food products like leafy greens and beef. Blockchain’s effectiveness doesn’t stop at the dinner table either; there are several potential use cases for pharmaceuticals, fashion and basically all iterations of international commerce. 

“Increasingly, consumers are going to want to have full transparency for the products we buy and the food we consume,” said Dale Chrystie,...

https://www.freightwaves.com/news/companies-channel-spirit-of-coopetition-for-blockchain-success

Bita Standards Council appoints Dale Chrystie as its first chair

The Blockchain in Transport Alliance (Bita) Standards Council has appointed FedEx’s blockchain strategist, Dale Chrystie, as its first chair.
He will be responsible for helping the organisation and its members develop a blockchain standards framework, as well as helping educate the market.
Mr Chrystie has been a member of Bita since its founding in 2017.
Board member Ken Craig said: “Dale brings the broadest perspective from a transport provider I can imagine, ranging from …

The post Bita...

https://theloadstar.com/bita-standards-council-appoints-dale-chrystie-as-its-first-chair/