Hapag-Lloyd and ONE join Maersk/IBM blockchain platform TradeLens
Hapag-Lloyd and merged Japanese container carrier Ocean Network Express (ONE) are the latest box shipping lines to join the IBM/Maersk Line-led blockchain initiative TradeLens. The news means more than...
View ArticleGSBN launched to ‘accelerate the digital transformation of the shipping...
Cosco, Hapag-Lloyd and CMA CGM have come together with terminal operators to form a new digital shipping initiative – the Global Shipping Business Network (GSBN). It is described as a “not-for-profit...
View ArticleBlockchain startup processes $1bn in trade finance
Judging by the scale of transactions now being made across blockchain ledgers, the technology is now beyond the development phase. Insight Ledger reports that Singapore-based blockchain developer...
View ArticleCarriers vs forwarders – who is going to represent forwarders’ interests in...
The “ocean carriers vs freight forwarders” debate rumbles on. This week I talked to Steve Walker – a market veteran with 45 years’ experience in the freight forwarding industry – to assess whether the...
View ArticleAs the game changes, FIATA pledges to step up to lead forwarders into a new age
FIATA is willing to embrace the “new world order” and consider taking a leading position in uniting the fragmented forwarding industry in the face of competitive threats. Last week, ex-DSV executive...
View ArticleMaersk pledges to ‘welcome’ forwarders onto TradeLens digital platform
Maersk has responded to a call by forwarders to share efforts to standardise digitisation through its TradeLens platform, saying it is “cultivating diverse membership” and welcomes all-comers. This...
View ArticleMajor shippers quick to form a link with new IBM blockchain solution
IBM has launched a new blockchain solution, aimed at improving supplier validation, onboarding and life cycle information management. Together with Chainyard, the firm announced the launch of Trust...
View ArticleOn the wires: The 300cubits blockchain demise – who is next?
“The 300cubits has decided to suspend the operation of the Booking Deposit Module (“System”) effective on 1 October 2019. The System has started accepting trial shipments in March 2018 and was launched...
View ArticleLow take-up forces shipping cryptocurrency teu token out of circulation
Hong Kong-based start-up 300cubits will suspend its container shipping cryptocurrency tomorrow, as the industry enters “crunch time” for freight-tech. In 2017, the firm set out to solve container...
View ArticleNew platform the ‘first step towards true blockchain interoperability’
“Blockchain is a ‘we’ technology, not a ‘me’ technology,” Michael Casey, senior advisor to the Digital Currency Initiative, told MIT Management Sloan School’s 2019 Business of Blockchain conference...
View ArticleTask Force drives towards global standards for supply chain visibility
The increasing data link-up between shippers and ports was in evidence last week when an Alibaba-led group, developing common standards for supply chain visibility, on the eve of its first anniversary...
View ArticlePR: Gartner says 80% of supply chain blockchain initiatives will remain at a...
PRESS RELEASE January 23, 2020 Through 2022, 80% of supply chain blockchain initiatives will remain at a proof-of-concept (POC) or pilot stage, according to Gartner, Inc. One of the main reasons for...
View ArticleMarket Insight Q&A: Steve Walker – ‘Can we trust carriers’ blockchain promises?’
I have had the pleasure of talking to veteran freight forwarder Steve Walker (pictured above), trying to catch up from where we left it last summer on the hot topic of data treatment, ownership and...
View ArticleBlockchain may be the way ahead for supply chains – but not yet
Some 80% of blockchain initiatives in the supply chain sector are unlikely to go beyond the pilot phase until at least 2022, according to new research from supply chain analyst Gartner. It said the...
View ArticlePaycargo’s Lionel van der Walt joins board of Smart Supply Chain Alliance
PayCargo president and chief executive officer of the Americas, Lionel van der Walt (pictured), has been appointed to the advisory board of the Smart Supply Chain Alliance (SSCA). The SSCA is part of...
View ArticleInvestors pour millions into logistics innovators developing the latest tech
Investors are continuing to back innovation in logistics, with at least three new companies receiving funding this week. ClearMetal, which offers a “Continuous Delivery Experience” (CDX) platform, has...
View ArticleSupply chain radar: Why the phrase ‘digitise or die’ should be killed off
New year, new decade and new (but same) predictions. It’s that time again, folks. As we enter another year, the tired old “techno hype tropes” are hanging around like the endless haze of bushfire smoke...
View ArticleBlockchain a growing trend in supply chain visibility, but is it just ‘hype’?
Shippers are increasingly pulling their logistics providers into blockchain as they employ the technology to form networks with business partners and tech providers. Walmart is very much in the...
View ArticleDP World set to enter the blockchain arena as it signs up to Tradelens
DP World has joined the blockchain TradeLens platform, developed by Maersk and IBM. It has outlined plans to connect its 82 terminals around the world, as well as its feeder companies and logistics...
View ArticleIndia gives the green light for use of blockchain-based bills of lading
India is set to allow shipping bills of lading (B/Ls) to be filed over a blockchain platform, as part of the country’s efforts to digitise its maritime supply chains. These efforts have become...
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