Arrive Logistics, a top 75 U.S. transportation brokerage, headquartered in Austin, Texas, announced today they have joined the Blockchain in Trucking Alliance (BiTA). Arrive Logistics is the fastest growing freight broker in the United States. Since their founding in 2014, they have grown from a 10-person team to more than 300 employees working out of Austin TX, and Chicago, IL.
BiTA (www.bita.studio) believes blockchain is one of the most significant developments for the logistics industry since the creation of the internet. By providing more clarity and standards around blockchain through education and promotion of the technology, BiTA intends to be the leading blockchain voice for the industry.
“We are very pleased to join other forward-thinking logistics organizations in the process of promoting the adoption of blockchain technology," Eric Harrison, CIO of Arrive Logistics, said. "Blockchain technology has the potential to be very impactful in the logistics industry in the years to come and as a technology focused freight brokerage, we are looking forward to being on the forefront of these developments and seeing standards implemented."
Through engagement of the brightest minds from the most influential leaders in transportation, finance and technology, BiTA will build the first set of transportation industry-specific blockchain standards. BiTA is focused on providing educational resources and open forums to those in the industry interested in leading the evolution of the trucking industry through the efficiencies offered in blockchain technology.
So many great transactional technologies that proliferate our industry are grounded in commonly accepted standards - including BOLs, EDI, ISO, and Ascii. Like these standards, BiTA believes blockchain will benefit from having the same set of market standards.
The Blockchain in Trucking Alliance is a forum for the promotion, education, and encouragement to develop and adopt blockchain applications in the trucking, transportation, and logistics industry.
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