Panalpina identifies applications of blockchain technology, begins pilot projects

According to Panalpina, blockchain technology has so far not yet reached its full potential, with almost 90% of all supply chain related projects remaining in the proof-of-concept stage until 2020. The company, which joined the Blockchain in Transport Alliance (BiTA) in May 2018, also said that blockchain tends to suffer from a lack of trust […]

Automation, capacity, economic woes top supply chain trends report

With the continuing rise of e-commerce demand despite lackluster economic growth, supply chain professionals are most concerned about lack of capacity and rising costs in e-commerce, according to research firm EyeForTransport (EFT), which released its “Supply Chain Hot Trends 2019” report this week. Based on a global survey of 765 supply chain professionals, including retailers, […]

UPS partners with blockchain company Inxception to launch B2B app

UPS and San Francisco-based technology company Inxeption are partnering to develop a blockchain-based platform for business-to-business (B2B) merchants, called “Inxeption Zippy.” The companies’ joint statement cited data from market research company Forrester that said the B2B e-commerce market is projected to reach US$1.8 trillion by 2023, but added that many B2B merchants have been slow […]

CCN, Microsoft launch blockchain air cargo billing, costing and reconciliation system

Singapore-based logistics company Cargo Community Network (CCN) and Microsoft launched a blockchain-based billing, costing and reconciliation system for air cargo at the International Air Transport Association (IATA) World Cargo Symposium in Singapore this week. The blockchain-based system, developed on Microsoft’s Azure cloud computing service, is designed to minimize billing discrepancies, accelerate billing reconciliation and provide […]

UPS Strategic Enterprise Fund invests in blockchain-based Inxeption platform

UPS has made an equity investment in a block-chain-based e-commerce platform startup, called Inxeption Corp., via its UPS Strategic Enterprise Fund. While financial details were not released, the investment will be used to develop e-commerce services for B2B sellers and buyers. Calling the investment partnership “the future of commerce,” Inxeption CEO and co-founder, Farzad Dibachi, […]

CargoX startup launches open, blockchain-based platform

Today, Slovenia-based logistics startup, CargoX, launched its new blockchain-based platform. The company says its platform is the first open, neutral and accessible system in the shipping industry. While the startup platform is aimed at trucking and maritime interests, there is potential for future application down the road for airports and airfreight. According to CargoX, the […]

French retailer to launch food blockchain

The multinational France-based supermarket chain Carrefour said it plans to launch “Europe’s first food blockchain,” in collaboration with IBM, by incorporating blockchain technology into eight of its product lines by the end of 2018, making it easier to monitor their respective supply chains. The move is an extension of Carrefour’s existing service, which allows customers […]

TACF18: In the weeds over blockchain use in air cargo

TORONTO – Yesterday, it became legal to buy and sell marijuana for recreational purposes all across this vast country. While the Canadian airwaves were filled with pundits spouting opinions about how to manage this new commodity, at least one speaker at TIACA’s Air Cargo Forum seemed to have one answer to the weed question: Blockchain. […]

Freightalia to use CargoX’s ‘Smart B/L’ blockchain platform

Online quote management system Freightalia has signed a partnership agreement with tech startup CargoX for use of its blockchain-based electronic bill of lading (B/L) product, which completed its first ever Smart B/L mission during a trial shipment from Shanghai to Koper, Slovenia, last month. CargoX has been developing and testing its Smart B/L platform since […]

Team Worldwide joins blockchain group BiTA

Texas-based 3PL Team Worldwide joined the Blockchain in Transport Alliance (BiTA) – the organization of logistics companies that aims to develop blockchain standards and technology for the cargo community. The CEO and President of Team Worldwide, Jason Brunson, said, “Prioritization of technology is required to remain successful in today’s marketplace,” echoing the industry’s sentiment that […]

Panalpina launches ‘digital hub’ technology arm in Zurich

This week, Swiss forwarder Panalpina debuted its “Panalpina Digital Hub,” the new Zurich-based technology-focused arm of its business that will focus on exploring cutting-edge systems, such as the “internet of things” (IoT), artificial intelligence (A.I.) and blockchain, with the intent of forming strategic partnerships with European start-ups to integrate these technologies. “We, like many of […]

BRU integrates blockchain into digital BRUcloud service

Yesterday, Brussels Airport (BRU) launched its first blockchain-enabled application, which will work in conjunction with its cloud-based data management platform, BRUcloud, that was rolled out in January of this year. The addition of blockchain technology to the app will centralize client communication, replacing individual “system-to-system connections with all different partners,” said Sara Van Gelder, cargo […]

Blockchain NW discusses future of blockchain in supply chain management [VIDEO]

Yesterday, business community members from the logistics and financial sectors gathered in Seattle at Blockchain NW, the city’s first conference centered around the trendy – if a bit illusory – open-source technology. While blockchain is commonly coupled with cryptocurrency, the conversation surrounding its potential to revolutionize supply chain management has been buzzing for the past […]
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