BlogSimpliship Updates for Shippers, NVOCCs, and Freight Forwarders

 

How Will Blockchain Impact the Future of Logistics Technology?

Recently, there has been a lot of speculation around the future affect of Blockchain technology on the logistics industry

What is Blockchain?

Blockchain is a new, ingenious technology that is a digital leader that helps make transactions in Bitcoin or another type of cryptocurrency. Blockchain helps record the results of those transactions both publicly and privately. Blockchain is the technology behind bitcoin that helps it run more smoothly.

Wall Street, for one, is in favor of simplifying how the blockchain technology professes transactions to make it run more smoothly. Ideally, one day, many people see bitchain running the process of making virtually all online transactions for businesses.

What Would Be the Positive Effects of Blockchain for Logistics Companies?

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Kuebix Partners with SimpliShip to Expand International TMS Solution

Kuebix, creator of a transportation management system that delivers true shipping intelligence, and international freight marketplace SimpliShip have partnered to integrate the SimpliShip International Freight Rate API with Kuebix TMS. Kuebix enables companies to manage all freight modes and providers on one cloud-based platform. This partnership with SimpliShip will connect Kuebix users to a large network of freight forwarders and NVOCCs for instant and spot market air and ocean freight pricing.

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June Spot Truckload Freight Rates Highest In the Past Two Years

Truckload Freight Rates Skyrocket:

Trucknews.com has reported that the freight rates for June 2017 are the second-highest that they have been in the past two years. June's van freight volumes were up 35% over what they were just a month ago in May 2017. June freight levels overall have skyrocketed 24% over May of 2017, and up 54% overall from June of 2016.

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Impact of Uber Freight on Current Logtech Industry: Basic Considerations

Uber is beginning to widen their inroads into all forms of transport.

They have moved a long way from that company that you simply called for a ride from point A to point B. Uber Freight, in particular, has positioned itself to have a significant impact on the current Logtech industry. The potential impacts of Uber Freight on current Logtech industry include less than optimal interconnectivity with API freight hub. Others have emphasized that "plugging into a connectivity and middleware-based technology solution layer that already provides visibility solutions is a critical step for Uber and one that could spell either its ultimate success or its ultimate demise.

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