Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers. Speaking to CNBC on May 15, Stefano Perego, vice president of customer fulfillment and global operations services for North America and Europe at Amazon, said that artificial intelligence plays a role AmazonDeliveryEnhanceImplementsLogisticsSpeeds Read More
With the IPO move in full force, the logistics arm of Alibaba is looking forward to raising between $1 billion and $2 billion.
Cainiao Network Technology, the logistics arm of online marketplace Alibaba (NYSE: BABA), is seeking an initial public offering (IPO) in Hong Kong early next year. In the post-hours trading AlibabaBusinessCainiaoEarlyHongIPOKongLogisticsSeeks Read More
Supply chain reliability and efficiency are always a concern for product-based businesses, but their importance was spotlighted recently as multiple industries struggled both with obtaining needed materials and keeping their products continually available on store shelves. Companies looking for streamlined, easy-to-manage and safe solutions may be considering blockchain as an BlockchaincompaniesLogisticsmanageTips Read More
After Danish logistics firm Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on blockchain applications in global trade.Hong Kong-based Global Shipping Business Network (GSBN), a non-profit consortium focused on blockchain trade applications, is bullish on blockchain as a crucial logistics tool in the BitcoinBlockchaincryptoexchangeDemiseExchangesHongKongLeadLogisticsMaerskTakesTradeLens Read More
Union Bank’s financial supply chain platform to be integrated with XLOG’s logistics platform.
Union Bank of the Philippines and fintech firm XLOG have teamed up to offer the Philippines’ first blockchain-powered supply chain financing solution embedded in a logistics platform.
“We are firm believers in how blockchain technology can bridge gaps in BankBlockchainbasedFinancingFinTechLogisticsOfferPhilippineXLOG Read More
More than half of companies added to the Forbes Blockchain 50 list for the first time this year are using tblockchain to resolve logistical issues faced in their line of business. Eleven of the 21 new entrants added to the annual tally are applying blockchain and DLT-based solutions to problems regarding 50AdditionsBlockchainchaindominateForbesLogisticsProjectsSupply Read More
Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens.
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Logistics and blockchain can be combined to make great improvements in the logistics field. Both carrier and receiver can get a lot of benefits from this synergy. This post explains what advantages does blockchain bring to logistics and how it can be implemented into the niche.Advantage of blockchain in logisticsBefore BenefitsCasesDistributedLogisticsPitfallsRealLifeSectorTechnologies Read More