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Maersk and IBM Blockchain Shipping Solution with Nearly 100 Users

A.P. Moller –Maersk (MAERSKb.CO) and IBM (NYSE: IBM) today announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world's global supply chain. TradeLens is the result of a collaboration agreement between Maersk and IBM, a blockchain-enabled shipping solution designed to promote more efficient and secure

ShipChain Overcomes US Cryptocurrency Crackdown

The South Carolina attorney general’s office last week vacated a cease-and-desist order that prevented the cryptocurrency-based logistics startup ShipChain from doing business in the state since May 21. The startup, based in Greenville, South Carolina, had been hit with the order as part of a broad, nationwide crackdown on cryptocurrencies by state attorney

Hyperloop Technologies proposes 700-800 km project for AP in three phases

US-based Hyperloop Transportation Technologies (HTT) today presented a pre-feasibility route study to Andhra Pradesh officials proposing a Hyperloop transport system with a length of 700-800 km from Anantapur in the south to the port town of Visakhapatnam in the north of the state while connecting the new capital Amaravati in the center. The company suggested execution in three phases with the initial phase

Accenture’s Shipping-Based Blockchain Project Gets Go-Ahead

Accenture PLC recently announced that a consortium consisting of AB InBev, APL, Kuehne + Nagel and an anonymous European customs organization examined and approved its blockchain technology aimed at addressing global shipping issues. The pilot project marked an effort to transition to a process where data could be shared securely through blockchain

Uber’s self-driving trucks and Uber Freight

Uber is now loading up a small fleet of self-driving trucks with freight and making regular hauls across Arizona. The company has been conducting trips for commercial customers since November, but this is the first time Uber has discussed the project. The Arizona tests represent the first partnership between Uber Freight and

Convoy and Uber Freight, The Battle is On

Convoy, backed by billionaire tech pioneers Jeff Bezos and Bill Gates, and Uber Freight, an offshoot of the globally disruptive ride-sharing giant, are trying to grab a slice of the fragmented US truck brokerage market, taking different routes to lure skeptical drivers and capacity-hungry shippers. The two technology startups are attempting

Hyperloop tests ultra high-speed transportation of freight

Hyperloop is a new ultra-high-speed mode of transportation that moves freight and people quickly, safely, on-demand and direct from origin to destination. In a hyperloop, passengers and cargo are loaded into a pod, and accelerate gradually via electric propulsion through a low-pressure tube. The pod quickly lifts above the track using

Heavy-Lift Drone startup for all-electric cargo challenger

A California startup promising to build an electric long-distance cargo drone announced yesterday that it has raised 140 percent of its initial angel funding goal. Sabrewing Aircraft Company CEO Ed De Reyes said the company had raised just shy of US$1 million from The Drone Fund, Integro LTD and two

Project logistics is becoming digital

The Bremer Project Logistics Freight-Forum has been focusing on process optimization through digitization during the gathering on 15 January. The topic has been about how companies can implement this strategically. When loading large, heavy industrial components and goods in general, which can no longer be stacked in a carton in a container, experience

China enters the hyperloop race

Even though hyperloop has not yet been officially launched in mainstream transportation systems in the United States, it has piqued the interest of the Chinese government enough to consider a 16-man passenger pod system using the Maglev technology, the Handy Shipping Guide reports, in a project undertaken by the state-owned China Aerospace