Logistics

The Astonishing Benefits of Supply Chain Visibility and Their Impacts

Supply chain visibility is essential to modern success, but according to Supply Chain Dive, as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. At the same time, supply chain visibility and transparency rank as

By |2019-10-10T09:46:44-07:00October 10th, 2019|Blockchain, Industry, Logistics, Supply Chain|0 Comments

Here’s What the Future Will Look Like Once the Industry Embraces Public Blockchain

You may have noticed a few prominent private blockchains popping up here and there. The problem with these private blockchains is, at their core, they are not truly decentralized. By joining a private chain, you do not get all of the benefits that blockchain promises. In fact, you could argue that your data is even

By |2019-09-18T13:43:20-07:00September 18th, 2019|Blockchain, Logistics, Public Blockchain, Shipping, Supply Chain|0 Comments

Private Blockchains Could Hurt the Shipping and Logistics Industry

The past few years have been big for blockchain.  But many people still don’t understand what blockchain is or how it works. Some companies are even hopping on the “blockchain bandwagon” without considering whether it's actually useful in their industry. And according to Ethereum co-founder Vitalik Buterin, misapplying the technology in this way is a

Retail Needs to Leverage Blockchain, Here’s Why

“Retail is dying,” or so they say. But that certainly isn’t the case; rather, retail is changing. The way that we shop today is drastically different than it was ten years ago, and the same will probably be said in another ten years. That is just the world we live in, thanks to technological innovation.

By |2019-07-11T10:34:43-07:00July 11th, 2019|Blockchain, Logistics, Shipping, Supply Chain|1 Comment

The Fireworks Supply Chain

The 4th of July is one of the most revered and cherished holidays in the United States, and rightfully so! Those celebrating take part in grand and patriotic celebrations, usually involving barbeques, apple pie, red, white, and blue, and of course, fireworks. Ellen Chang from TheStreet estimated that approximately 219 million Americans partook in 4th

By |2019-07-03T10:02:23-07:00July 3rd, 2019|Industry, Logistics, Shipping, Supply Chain|0 Comments

Does Blockchain Have Limitations?

Blockchain refers to a distributed ledger technology that restricts post-data entry changes and ensures a network of trust and valid data, reports Steve Banker via Logistics Viewpoints. Such technology runs on multiple nodes (transactions), which give supply chains access to like information and enable data-driven decision making. Blockchain ensures the integrity of data, preventing changes

By |2019-06-10T10:06:44-07:00June 10th, 2019|Blockchain, Industry, Logistics, Supply Chain|0 Comments

ShipChain Joins the World Economic Forum to Build the Blockchain Toolkit

ShipChain has been selected by the World Economic Forum (WEF) as one of the roughly 100 supply chain companies and experts that will help build and come up with the parameters for the Blockchain Toolkit. ShipChain CEO, John Monarch, will be the primary delegate. According to the WEF’s formal announcement made on May 1, 2019,

5 Reasons That 3PL Companies are Looking for Blockchain Technology Partners

Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. However, recent developments in the supply chain and globalization of the supply chain have triggered a surge of value-added services. Instead of merely providing logistics management and expansion of available capacity, today's 3PL offers a whole host of additional services, including

By |2019-05-07T11:04:03-07:00April 25th, 2019|Blockchain, Industry, Logistics, Shipping, Supply Chain, Tech, Trucking|1 Comment

A Look at Some of the Biggest Trends in Shipping and Logistics

Nowadays, evolving technology can dramatically change the way society functions. I can still remember my very first cellphone. The most high-tech things it could do were make phone calls and send text messages, all hand-crafted in T9 of course. Fast forward fifteen years and now my cellphone also doubles as my HD camera, portable music

By |2019-05-07T11:03:29-07:00April 17th, 2019|Blockchain, Industry, Logistics, Supply Chain|1 Comment

Why Walmart is Paying Truckers Almost $90,000 a Year

Near the end of 2018, Walmart announced it plans to raise trucker salaries to approximately $87,500. That is in stark contrast to the current median clocking in at roughly $44,281. Now if your first thought is to quit your job immediately and apply to drive for Walmart, I don’t blame you. The salary is impressive,

By |2019-04-10T09:43:08-07:00April 10th, 2019|Blockchain, Industry, Logistics, Shipping, Supply Chain, Trucking|0 Comments