CargoSmart Limited, a leading shipment management technology solutions provider, announced that it conducted a pilot project with COSCO SHIPPING LINES (COSCO), Shanghai International Port Group (SIPG), and Tesla, Inc. (Tesla) for a new application to transform the cargo release process.
CargoX has become the first provider to use the neutral, public blockchain Ethereum network for its platform after gaining approval from the International Group of P&I Clubs.
The Indonesia Customs and Excise Department has become the latest body to join TradeLens, the blockchain-based initiative between A.P. Moeller - Maersk and IBM to ease the flow of goods across the world.
The International Chamber of Commerce (ICC) has agreed a 'historic deal' with the Singapore Government and other industry stakeholders, including PSA International, to accelerate the digitization of global trade and commerce.
TradeLens, Maersk and IBM's major blockchain initiative, has taken another major step towards its goal of revolutionizing the global supply chain after the US Federal Maritime Commission (FMC) amended its regulations relating to cooperation between carriers.
Cai Mep International Terminal (CMIT), Vietnam, has joined the TradeLens digital platform blockchain technology, according to a 19 December announcement.
Global Container Terminals (GCT) has joined the TradeLens supply chain platform, underpinned by blockchain technology.
CargoX, a blockchain company focusing on digitizing shipping documents, has been integrated into RoadLaunch, the private blockchain-based digital freight management platform.
Blockchain is one of the most exciting innovations in recent years and has the potential to transform logistics and, perhaps, the global economy.
A.P. Moller – Maersk (Maersk), the biggest shipping carrier in the world by market share) has announced a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA).
The Busan Port Authority (BPA) has announced its intention to establish a blockchain-based inter-terminal transportation (ITT) system to enhance its ITT flow.