In February, BNSF Railway Co. became the first Class I to join the Blockchain in Transport Alliance (BiTA). A handful of other rail companies, including GE Transportation and Bourque Logistics – and rumblings of more to come – also are among BiTA’s more than 230 members. In addition to rail realmers, BiTA comprises truckload carriers, third-party logistics companies, tech firms, major retailers, OEMs, parcel carriers, financial services providers and data analytics specialists collaborating to define new blockchain standards for the logistics industry.
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