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

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

By |2019-05-07T11:03:00-07:00May 3rd, 2019|Blockchain, Industry, Shipping, Trucking|1 Comment

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

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

Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

It’s easy to get caught up in the hype over blockchain. When it comes to supply chain, the vast promises of renewed visibility and traceability are abundant. While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and

By |2019-03-18T10:23:49-07:00March 13th, 2019|Blockchain, Industry, Logistics, Shipping, Supply Chain|1 Comment

Do More Shipping with Less Work

Shippers everywhere face an uncertain future. The constant threat of a trade war and increasing consumer demands have pushed existing operations to their breaking points. Customers want information and visibility at any given time, and any misstep in the supply chain could result in permanent losses to profitability, productivity, and efficiency. The situation leaves very

By |2019-02-07T15:47:07-07:00February 7th, 2019|Blockchain, Industry, Shipping|0 Comments

Recalls and Blockchain: How Blockchain Can Aid in and Ultimately Prevent Recalls

There is a problem with food and drug supply chains. In the last few years, numerous recalls have occurred following the identification of cancer-causing chemicals in medications, and foodborne illness outbreaks, including the E. Coli Romaine lettuce recall of Thanksgiving. These recalls make one thing clear: there needs to be better traceability in the supply

By |2019-10-10T09:54:21-07:00February 1st, 2019|Blockchain, Food Supply Chain, Industry, Shipping, Supply Chain|0 Comments