TRUX, the leader in dump truck logistics technology, announced today it has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain use in the transportation industry. TRUX joins after a multitude of global members, including Daimler, FedEx and Uber Freight.
The TRUX team, consisting of construction industry veterans, technology leaders and hard-working innovators, regularly works to bring the latest technology to those building our nation’s roads, bridges and buildings. With this new membership, TRUX will be furthering its position as a technological leader and showcasing its commitment to better servicing its customers.
“We’re excited to join other like-minded companies with our new BiTA membership,” said Bart Ronan, CEO of TRUX. “By becoming a part of the alliance, we are showcasing our commitment to keeping our users connected with the greatest technology available. Blockchain technology will soon revolutionize the transportation industry, and it’s exciting to be a part of the movement.”
Within the transportation industry, the utilization of blockchain technology enables users to identify and track transactions digitally and share information across a distributed network of computers. Blockchain will allow TRUX users to more effectively track deliveries, drivers and freight across their supply chains to help them operate in a more seamless and transparent manner. The BiTA partnership will also help to create new revenue streams and value for TRUX members by enabling a system for completing transactions, tracking shipments and managing fleets.
“Blockchain technology will transform the TRUX network supply chain by introducing greater transparency, innovation and efficiency,” said Patrick Duffy, President of BiTA. “We are fortunate to have member companies like TRUX that have the industry experience. The TRUX team will be key players in helping us develop blockchain standards in transportation.”
About the Blockchain in Transport Alliance
Founded in August 2017, BiTA has become the largest commercial blockchain alliance in the world, with nearly 300 members. BiTA members are primarily from the freight, transportation, logistics and affiliated industries. Alliance members share a common mission to develop a standards framework, educate the market on blockchain applications/solutions and distributed ledger technology, and encourage the use of those applications.
TRUX is a multi-sided platform providing an open marketplace and enterprise logistics management solution that connects truckers, contractors, and material producers throughout North America. TRUX offers the nation’s largest technology-enabled dump truck network, with over 20,000 approved dump truck drivers. The company’s complete dump truck management solution is transforming the logistics of a $50 billion industry that has largely been left behind by technology. TRUX works with contractors, individual owner/operators, and corporations of all sizes to increase the efficiency of the industry and effect positive social change by reducing the carbon imprint in construction through smarter logistics.