Canadian Pacific (CP) has joined TradeLens, the A.P. Moller-Maersk (Maersk) and IBM blockchain-based platform that enables the secure and transparent transfer of container-shipping documents.
The company said the open-API platform will help CP intermodal shippers create, amend and share documents with other supply chain participants, including consignees, beneficial cargo owners, customs agencies, dray operators and steamship lines.
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts.
“CP is pleased to join TradeLens as part of its efforts to improve the customer experience through technological innovation,” said CP Vice-President and Chief Information Officer Mike Redeker.
“Global shipping is a profoundly complex business and TradeLens is improving the information-sharing processes that support the industry. CP is always innovating for the benefit of its customers, and joining TradeLens is an example of that innovation.”
TradeLens was developed by IBM and Maersk specifically for use in the container-shipping industry. It currently handles more than 700 million events and 6 million documents annually. The system integrates with users’ in-house systems via non-proprietary, publicly available APIs designed for ease of setup and use.
