Based in Jacksonville, the Florida East Coast (FEC) Railway is a Class II regional railroad that provides end-to-end intermodal and carload solutions to customers who demand cost-effective and premium quality transportation solutions. FEC Railway owns and operates the 351 miles of track from Jacksonville down to Miami.
In April, FEC Railway announced that it has joined the Blockchain in Transport Alliance (BiTA). This move allows FEC Railway to continue its commitment to leverage emerging technologies.
“We are proud to be among the early members of the alliance, particularly among railroads,” said Lester Hightower, FEC’s Chief Information Officer. “Developing common industry standards is imperative if we are to take advantage of the potential benefits that blockchain applications might provide.”
As the newest BiTA member, FEC Railway is in joining other leading transportation providers like BNSF, Union Pacific, Schneider FedEx, among others.
In May, Hightower and other transportation executives will attend the BiTA spring symposium to begin building the standards and framework for the alliance. “Collaborating with transportation and technology thought leaders will help our industry better serve its customers, and I look forward to the learnings that the BiTA spring symposium is sure to bring,” Hightower said.
BiTA was formed by experienced tech and transportation executives to create a forum for the development of blockchain standards and education for the freight industry. Our goal is to bring together leading companies in the freight technology industries that have a vested interest in the development of blockchain technology.
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