GE Transportation has joined the Blockchain in Transport Alliance (BiTA), a transport and logistics industry’s leading trade association for blockchain education and standards development.
“GE Transportation is always on the forefront of technology trends and investments that define the future of freight and supply chains. We are thrilled they are helping to lead the blockchain framework for the industry and will be an active participant in BiTA,” Craig Fuller, Managing Director of BiTA said.
“As GE Transportation extends its capabilities into the broader supply chain, we’re connecting partners and customers at every node and across multiple modes. We look forward to bringing our applications to BiTA as we collectively seek to leverage the potential of blockchain across the industries we serve,” Laurie Tolson, Chief Digital Officer for GE Transportation said.
Since BiTA was founded in the fall of 2017, more than 230 companies including truckload carriers, third-party logistics, tech firms, major retailers, class 1 railroads, parcel carriers, financial service providers and data analytics companies have joined the alliance, with a collective revenue exceeding USD 1 trillion.
GE Transportation’s Digital Solutions provide data-driven insights to improve efficiency and bring visibility into and across intermodal supply chains.