Logistyx Technologies (http://www.logistyx.com), a leading developer of Transportation Management Execution™ shipping software, today announced it has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to the development of blockchain standards and education for the freight industry.
“Logistyx stands at the forefront of transportation execution technology as a result of our commitment to providing flexible shipping software; one of the industry’s largest multi-national carrier networks; and a powerful analytics engine capable of transforming our customers’ shipping operations,” said Ken Fleming, COO of Logistyx. “We believe blockchain can offer great benefits to the supply chain world as it continues to grow and evolve. We look forward to working with BiTA and other industry leaders in helping to establish standards and best practices.”
Logistyx’s technological expertise in transportation execution is apparent in its offerings. The company, which has established one of the industry’s most comprehensive software development teams, offers the following:
- One of the industry’s largest multi-national carrier networks. Logistyx maintains direct integrations with more than 500 carriers, regularly refreshing these integrations and adding new ones to accommodate clients’ needs and best interests.
- A powerful predictive analytics engine. Logistyx software also offers advanced data collection capabilities that enable customers to easily identify opportunities to substantially reduce costs and enhance customer service.
- A robust portfolio of products, solutions and expertise. Logistyx can help any business that is shipping small parcel, LTL and truckload shipments reduce their costs, often by as much as 20 percent. Logistyx software is highly configurable and is used by companies with a wide range of fulfillment operations, from high-volume shippers to small-to-medium businesses (SMBs). Regardless of the environment, Logistyx can automate any phase of the parcel shipping process.
“We believe that as blockchain digitizes, decentralizes, secures and incentivizes the validation of transactions, it will fundamentally change the transportation/logistics industry,” said Chris Burruss, president of BiTA. “Gathering input and perspectives from industry experts like Logistyx is invaluable in establishing the industry standards that will determine blockchain’s use in transportation for years to come. Together we can navigate the hurdles and help the entire industry reap the benefits of this exciting new technology.”
Founded in August 2017, BiTA has quickly grown into the largest commercial blockchain alliance in the world, with more than 450 members that collectively generate over $1 trillion in revenue annually. BiTA members are primarily from the freight, transportation and logistics industries. Alliance members share a common mission to develop a standards framework, educate the market on blockchain applications and encourage the use of those applications.
BiTA is investigating use cases and developing a common framework the industry can use to build blockchain applications. Through think-tank events, networking, meetings, webinars and online collaboration, members work with peers on common issues and share best practices. The Alliance has offices in Chattanooga, TN, and Singapore. For more information, please visit the BiTA website at http://www.bita.studio/.
About Logistyx Technologies:
The leader in Transportation Management Execution™ and multi-carrier parcel shipping software, Logistyx Technologies builds unrivaled customer solutions for reducing shipping costs while boosting efficiency and choice. Headquartered in Rolling Meadows, Illinois, Logistyx Technologies also has U.S. offices in New York, Philadelphia, San Diego and St. Louis, and international offices in Canada, the Netherlands, the UK and Singapore. Logistyx is a portfolio company of its sponsor, Kidd & Company, and its co-sponsor, The Firmament Group. For more information, visit http://www.logistyx.com.