CargoX CEO: smart contracts reduced BoL transfer time to 4 minutes
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
xChange is helping container lines reduce their dead miles, by providing them with one-way container moves or SOCs from 2500 locations across the world.
Maersk and MSC also will void three sailings on two other joint services during China’s Golden Week.
Maersk report points to slowdown in the country’s trade growth.
Box volumes grew 2.1 percent year-over-year in July after a revised 3.3 percent increase the previous month.
Port has a new chairman of the board; logistics companies in the United States and Europe fill roles.
Dubai-controlled firm wins another round in ongoing fight with Djibouti over control of a container terminal.
A joint venture between three longtime project and heavy-lift cargo vessel operators has received the governmental approvals to get under way.
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Storm is expected to be a hurricane when it makes landfall along the north-central Gulf Coast.
Union president calls for ratification of the six-year agreement, lauded as its best ever.
BIMCO and Kuehne + Nagel say tariff disputes are starting to take a toll on container shipping.
Grafton & Upton Railroad unloads wood pellets at its Massachusetts facility and represses broken pellets into whole ones before transferring them to trucks.
The European Commission is committed to review its quota system to import hormone-free beef into the trade bloc.
Proceeds will be used for “acquiring high-quality businesses.”
Netherlands-based acquisition called a “champion” of product fulfillment.
Two shipments of pineapples also contained nearly 200 pounds of cocaine.
Spot markets register tightness in vessel capacity as peak shipping season is only just starting.
“Visibility of terminal operations has improved considerably.”
Despite an increase in cargo volumes, diesel particulate emissions are down 81 percent since 2005.