What the “New Normal” in Shipping, Logistics, and Transportation May Look Like
COVID-19 has shaken everything up, and it has left the shipping and logistics industry wondering what lies ahead. Learn more about what the "new normal" may look like.
Why Final Mile Logistics Matter So Much
Final Mile, also commonly referred to as Last Mile, refers to the very last leg of any shipment’s journey: from the transportation hub to the end-user. A lot of times, this is a customer, and their location is a residential address. That said, Final Mile is not just about parcel deliveries, even though that’s usually
Who Eats the Cost When Your Delivery Contains a Damaged Product?
We’ve all been there. The package you’ve been patiently waiting for (probably no more than two days with how we’ve become accustomed to fast, free shipping) finally arrives, and the contents are damaged. Luckily for you, today’s companies are all about top-notch customer service. Within a few minutes, they’ve processed a refund for your item,
ShipChain Wins Blockchain Innovation Award at #DataccioConnect Singapore
This past November, ShipChain was honored to win the Blockchain Innovation Award at #DataccioConnect Singapore. Last year, ShipChain bagged The Business IT Innovation award, which was received by Mr. John Monarch, CEO, ShipChain at #DataccioConnect Dubai. Since then, there has been a lot of momentum, and the organization has welcomed several new partnerships. Prominent among
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
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.
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
How a Blockchain Platform Will Help Truckers Be More Efficient and Earn More Money
The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 billion in 2015, reports TechCrunch. Today, shippers are demanding more availability, time and capacity, and truckers are struggling to meet these demands. In response, the value of a blockchain trucking platform will grow, and according to our
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