Insights - March/April 2018 - 24
There are some reservations, or at least questions, about
blockchain in the logistics community, perhaps because it is so
new.
Lack of Information
In a late 2017 study done through Penn State University's
School of Business that included 10,000 participants, 67 percent
of shippers and 62 percent of 3PL providers said they didn't know
enough about the technology to say how well it could work. The
survey also found that 15 percent of 3PLs and 9 percent of shippers said they see benefits in blockchain but can't yet quantify
them.
There were signs of interest, as 30 percent saw value in the
widespread use of blockchain, two thirds saw potential for freight
traceability, and there was substantial interest in using it to enhance freight visibility.
A white paper by technology company Amber Road urged a
broader effort to create a "consistent, plain English brand message that links blockchain capabilities to the resolution of supply
chain problems."
24 Intermodal Insights | March/April 2018
"If blockchain has any hope of becoming the 'new, new thing'
for international business, solutions have to be created that allow
for the true integration of the interdependent activities of all supply chain players and functions," the white paper stated. It also
raised the prospect that blockchain would fall short of its potential if the only benefits were to enhancing stand-alone activities,
such as placing a purchase order, without overall improvement
that includes related activities.
Three technology companies
involved in blockchain development
are optimistic about its potential.
Tim Leonard, chief technology
officer at TMW Systems, envisions
blockchain-related benefits across
all parts of the intermodal freight
spectrum. At the same time, he
noted that transport users have
been slow to embrace blockchain,
possibly because of uncertainty
Leonard
about its costs. "Blockchain
Table of Contents for the Digital Edition of Insights - March/April 2018
IANA News
Washington Begins Work on Infrastructure
Equipment Condition, DVIRs Benefit Terminal Throughput
Effective Steps Can Be Taken When Terminal Capacity Is Tight
Freight Report
Chassis Market Changes Focus on Pools, Efficiency
Blockchain Presented as Option to Aid Intermodal Information Flow
Buying Decisions, Truck and Real Estate Costs Transform Transloads
Gender Diversity Makes Good Business Sense
Government News
International Intermodal News
Intermodal Information Services News
New Members
People News
Intermodal Calendar
Insights - March/April 2018 - Cover1
Insights - March/April 2018 - 2
Insights - March/April 2018 - 3
Insights - March/April 2018 - IANA News
Insights - March/April 2018 - Washington Begins Work on Infrastructure
Insights - March/April 2018 - 6
Insights - March/April 2018 - 7
Insights - March/April 2018 - 8
Insights - March/April 2018 - 9
Insights - March/April 2018 - 10
Insights - March/April 2018 - Equipment Condition, DVIRs Benefit Terminal Throughput
Insights - March/April 2018 - 12
Insights - March/April 2018 - 13
Insights - March/April 2018 - 14
Insights - March/April 2018 - Effective Steps Can Be Taken When Terminal Capacity Is Tight
Insights - March/April 2018 - 16
Insights - March/April 2018 - 17
Insights - March/April 2018 - 18
Insights - March/April 2018 - Freight Report
Insights - March/April 2018 - Chassis Market Changes Focus on Pools, Efficiency
Insights - March/April 2018 - 21
Insights - March/April 2018 - 22
Insights - March/April 2018 - Blockchain Presented as Option to Aid Intermodal Information Flow
Insights - March/April 2018 - 24
Insights - March/April 2018 - 25
Insights - March/April 2018 - 26
Insights - March/April 2018 - Buying Decisions, Truck and Real Estate Costs Transform Transloads
Insights - March/April 2018 - 28
Insights - March/April 2018 - Gender Diversity Makes Good Business Sense
Insights - March/April 2018 - Government News
Insights - March/April 2018 - 31
Insights - March/April 2018 - 32
Insights - March/April 2018 - International Intermodal News
Insights - March/April 2018 - 34
Insights - March/April 2018 - Intermodal Information Services News
Insights - March/April 2018 - New Members
Insights - March/April 2018 - 37
Insights - March/April 2018 - 38
Insights - March/April 2018 - Intermodal Calendar
Insights - March/April 2018 - 40
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