Blockchain in Transport Allinace

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

How Walmart solved carrier payment woes in Canada with blockchain

Trucks in front of a Walmart facility. Walmart Canada says a blockchain payment platform had dramatically reduced invoice disputes.

Before Walmart Canada deployed blockchain technology to pay trucking companies, the company and its carriers were often bogged down by invoice disputes. Up to 70% of invoices had some sort of issue where numbers didn’t align with company expectations. 

The results were not good. Walmart personnel would lose time sorting out the long list of charges that go into each load. Meanwhile, payments to carriers were delayed. 

“Life was a bit rough in terms of processing payments,” recalled Francis...

https://s29755.pcdn.co/news/how-walmart-solved-canada-carrier-payment-woes-with-blockchain

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