Logistyx Technologies (www.logistyx.com), a leading developer of Transportation Management Execution ™ transportation software, today announced that it has joined the Blockchain in Transportation Alliance (BiTA), a dedicated organization the development of blockchain standards and training for the freight transport industry.
"Logistyx is at the forefront of transport execution technology as a result of our commitment to providing flexible shipping software, one of the largest multinational transport networks in the industry, and a powerful analytical engine capable of transform the shipping operations of our customers, "said Ken Fleming, COO of Logistyx. "We believe that blockchain can deliver great benefits to the supply chain while it continues to grow and evolve and we look forward to working with BiTA and other industry leaders to help establish standards and best practices."
Technological experience of Logistyx in transport execution is evident in its offers. The company, which has established one of the industry's most comprehensive software development teams, offers the following:
- One of the largest multi-national carrier networks in the industry . Logistyx maintains direct integrations with more than 500 operators, regularly updating these additions and adding new ones to meet customers' needs and best interests.
- A powerful predictive analysis engine. Logistyx software also offers advanced data collection capabilities that enable customers to easily identify opportunities to substantially reduce costs and improve customer service.
- A robust portfolio of products, solutions and skills. Logistyx can help any company that transports small packages of parcels, LTLs and trucks to reduce costs, often up to 20 percent. Logistyx software is highly configurable and is used by companies with a wide range of order fulfillment operations, from large volume loaders to small and medium-sized enterprises (SMEs). Logistyx can automate any part of the package delivery process independently of the environment.
"We believe that blockchain digitizing, decentralizing, securing and incentivising transaction validation will radically change the transport / logistics industry," said Chris Burruss, president of the BiTA. "Gathering inputs and perspectives from industry experts such as Logistyx is invaluable for setting industry standards that will determine the use of blockchain in transportation for years to come." Together we can overcome obstacles and help the entire industry to take advantage of this exciting new technology. "
Founded in August 2017, BiTA has rapidly become the largest blockchain commercial alliance in the world, with over 450 members that collectively generate over $ 1 trillion in revenue each year. The members of the BiTA come mainly from the freight transport, logistics and transport sectors. Alliance members share a common mission to develop a regulatory framework, educate the market on blockchain applications and encourage the use of such applications.
BiTA is studying use cases and is developing a common framework that industry can use to create blockchain applications. Through think-tank events, networking, meetings, webinars and online collaboration, members work with colleagues on common issues and share best practices. The Alliance has offices in Chattanooga, TN and Singapore. For more information, visit the BiTA website at www.bita.studio/.
Information on Logistyx Technologies:
The leader in Transportation Management Execution ™ and multi-user package delivery software, Logistyx Technologies builds unparalleled customer solutions to reduce shipping costs while increasing efficiency and choice. Logistyx Technologies, based in Rolling Meadows, Illinois, also has offices in the United States in New York, Philadelphia, San Diego and St. Louis and international offices in Canada, the Netherlands, the United Kingdom and Singapore. Logistyx is a portfolio company of its sponsor, Kidd & Company, and its co-sponsor, The Firmament Group. For more information, visit www.logistyx.com.
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