USA Truck joins Blockchain in Transport Alliance

VAN BUREN, Ark. — USA Truck, a capacity solutions provider headquartered in Van Buren, Arkansas, has become a member of the Blockchain in Transport Alliance (BiTA).

Launched by Craig Fuller, BiTA is a group of industry leaders who share a vision of influencing blockchain technology to develop standards and education for the freight industry.

Blockchain is a technology that allows identifying and tracking transactions digitally along with sharing that data across a distributed network of computers.

For the transportation industry, Blockchain enables monitoring of goods and freight across the supply chain more efficiently.

“There is a great opportunity for the logistics industry to exploit the convergence of emerging innovative technologies to improve communication, foster collaborative efforts, and reduce cost across supply chain partnerships,” said USA Truck Vice President and Chief Technology Officer Kim Littlejohn. “Blockchain has the potential to be a catalyst for such alliances. We are excited to join the BiTA organization for the opportunity to influence and foster adoption of this technology.”

Transportation service providers join because their participation in standards design is critical to the success of the technology.

Blockchain allows companies to create new revenue streams for customers by enabling a system of complete transactions, track shipments, and manage fleets. BiTA has brought together companies in the transportation, manufacturing, and telecommunications industries generating over $1 trillion in revenue, becoming the largest commercial blockchain alliance in the world.

“We believe blockchain is one of the emerging technologies that can be used to create a common framework to disrupt current logistics industry practices,” said USA Truck President and CEO James Reed. “We are especially excited to utilize the convergence of these technologies to meet our evolving customer service capabilities. As a member of BiTA, we will use our industry knowledge and experience to help determine the application of blockchain as part of the logistics platform and look forward to working with the alliance to benefit the entire trucking industry.”

USA Truck joining BiTA introduces exciting possibilities involving blockchain technology for freight forwarding and logistics operations, Reed said.

For more information, visit www.usa-truck.com or www.usatlogistics.com.

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.