ZIM Integrated Shipping Services said Wednesday that it has signed on as a member of TradeLens, a digital shipping platform jointly developed by A.P. Møller – Maersk and IBM. ZIM is expected to begin contributing data to the platform before the end of the third quarter this year.
TradeLens uses blockchain technology “to enable trust between multiple trading partners — from carriers to freight forwarders, customs officials, port authorities and more — when transacting in a digitized global trade documentation process,” said ZIM.
“By joining TradeLens, ZIM can continue its push toward digitizing its processes to enable efficiencies and cost savings to the company and the customers by enabling greater transparency and more efficient processes,” the Israel-based carrier said.
It said more than 5 million shipments have been recorded on TradeLens.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now