March 26, 2018

Purolator joins Blockchain in Transport Alliance

Canadian parcel carrier sees potential applications in vendor management, loss prevention and security, and billing and payments.

By DC Velocity Staff

Logistics technology trade group Blockchain in Transport Alliance (BiTA) said today it will partner with Canadian parcel delivery and logistics company Purolator Inc., and work together to develop blockchain solutions for courier and logistics industry challenges in e-commerce and digitalization.

Blockchain technology could be a useful tool in transportation industry applications because blockchain's shared ledger design makes it "next to impossible" for the members of a network to falsify data, Purolator said.

That attribute means blockchain technology could provide value for operations such as vendor management, loss prevention and security, and billing and payments, the company said. Purolator said it is also looking into ways to use blockchain to improve customer service in the areas of shipment visibility, agility and tracking, and delivery speed.

"The shipping and logistics industry will continue to change at an incredibly fast pace, and ... Purolator wants to help shape its future," Purolator Vice President and CIO Ricardo Costa said in a statement. "The applications for blockchain are endless and will provide the shipping and logistics industry with never-seen-before benefits. This is because the technology enables complete end-to-end visibility into the entire life cycle of a shipment transaction and all its connected parts."

BiTA has more than 200 active members and has been growing quickly in recent months, adding high-profile partners such as BNSF Railway Co., UPS Inc., FedEx Corp., SAP SE, McLeod Software Corp., and Trimble Inc. The group says it plans to leverage its new partnerships by offering educational tracks on blockchain at its series of industry events and conferences.

Resources Mentioned In This Article


Technology Videos


Join the Discussion

After you comment, click Post. If you're not already logged in, you will be asked to log in or register.

Subscribe to DC Velocity


Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Purolator joins Blockchain in Transport Alliance">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.