Blockchain Logistics Will Herald Efficient Handling in Trucking

Growth of freight volume further complicates the trucking industry. This mandates the need of a robust logistics management system. As it impacts the bottom line of any transportation company. The transport sector is still grappling with issues due to outdated infrastructure and paucity of investment. Inculcating blockchain technology will enhance the working of the trucking, […]

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‘Uber for trucks’ Convoy’s value reaches $1B, after CapitalG invests $185M

Convoy, an on-demand Uber for trucks company that connects truckers and shippers, raised $185 million funding on 21st September 2018, led by Alphabet’s CapitalG. Growth of Convoy as Uber for trucks service provider Founded in 2015, Convoy is a Seattle based digital freight booking software. It was established by 2 former Amazon employees, Dan Lewis and […]

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On-Demand Logistics: 5 Major Digital Disruptions

Introduction Demand for automation, personalized workflows and streamlining complicated operation processes have strongly contributed to a shift in how businesses operate today and have created a tight relationship between consumers and businesses. In today’s world, where companies are entering into numerous on-demand verticals such as grocery, e-commerce, transportation, cleaning services, logistics etc. Before entering into […]

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UPS & Blockchain for Transportation

UPS & Blockchain Technology – New technology trend for shipping & logistics

UPS & Blockchain Earlier this week,  United Parcel Service – American multinational package delivery company and a provider of supply chain management solutions, announced that it has joined the Blockchain in Trucking Alliance (BiTA). BiTA is a forum for the development of blockchain technology standards and education for the freight industry. “Blockchain has multiple applications in […]

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What is Blockchain? 6 Important Use Cases of Blockchain Technology

In October 2008, Blockchain – a P2P network that provides a decentralized public domain where every transaction is recorded between buyer and seller – was introduced as the underlying technology that powered Bitcoin, a virtual currency system that eschewed the need of a central authority for issuing or verifying cryptocurrency and its associated transactions. Since […]

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