Apex Capital announces membership in burgeoning Blockchain in Trucking Alliance

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Fort Worth, Texas-based Apex Capital Corp, a freight factoring company serving small to medium-sized trucking companies, proudly announces its membership in the Blockchain in Trucking Alliance (BiTA).

Apex Capital is a full-service freight factoring company, established in 1995, with award-winning service and a stable of value-added client amenities including a Mobile Factoring App, Fuel Card Program, free NextLOAD load board, and a transparent, comprehensive Account Management Portal (AMP). Apex’s BiTA membership will serve as an extension of its already user-friendly technology systems.

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BiTA (www.bita.studio) believes blockchain is one of the most significant developments for the 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.

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.

“I believe blockchain technology is a very important step forward for the transportation industry, and the internet as a whole,” says Jerry Wallace, Apex’s Chief Technology Officer. “Apex is proud to be a part of BiTA and the effort to set the direction of blockchain’s integration into our industry. There are very few times that a technology like this is introduced and are we excited about its possibilities.”

Apex’s membership in the burgeoning BiTA organization puts it in the company of such transportation leaders as C.H. Robinson, UPS, TMW Systems, U.S. Xpress, and P&S Transportation, among many others. 

Founded in August 2017, the Blockchain in Trucking Alliance (BiTA) is a forum for promotion, education, and encouragement to develop and adopt blockchain applications in the trucking, transportation, and logistics industry.

BiTA’s goal is for members to participate, discuss, create, and adopt industry standard uses of blockchain applications and to provide clarity and direction for the development of blockchain technology in the trucking industry in a manner that will create efficiency, transparency, and foster trust. BiTA standards are intended to create a common framework to help organizations develop and adopt blockchain technology.

Founded in 1995, Apex Capital is a full-service freight factor that specializes in small to medium-sized trucking companies. Apex is the leading freight factoring company for the trucking industry. Apex buys freight bills and provides industry recognized customer service, credit checks, and many other benefits to its clients.

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