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Jet Airways takes off under RCS
ALLAHABAD, India: June 14, 2018. Jet Airways has c...

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Panalpina continues Latam expansion with Newport buy
BASEL, Switzerland: June 15, 2018. Panalpina has c...

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APL, Evergreen and HMM boost Asia-Australia capacity
LONDON: June 14, 2018. APL, Evergreen, and Hyundai...

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Emirates returns to Luanda, further frequencies eyed
DUBAI: June 12, 2018: Emirates has bolstered its c...

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MIA welcomes Air Italy
MIAMI: June 12, 2018: Miami International Airport ...

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DB and Georgian Railway target future growth together
BERLIN: June 13, 2018: Deutsche Bahn and Georgian ...

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Hactl handles ABC
HONG KONG: June 12, 2018: Hong Kong Air Cargo Term...

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Kerry bolsters China cross-border services
HONG KONG: June 13, 2018: Kerry Logistics Network ...

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Cargolux supports solar boat
Luxembourg: June 11, 2018: Cargolux is to provide ...

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Jet Airways takes off under RCS
Panalpina continues Latam expansion with Newport buy
APL, Evergreen and HMM boost Asia-Australia capacity
Emirates returns to Luanda, further frequencies eyed
MIA welcomes Air Italy
DB and Georgian Railway target future growth together...
Hactl handles ABC
Kerry bolsters China cross-border services
Cargolux supports solar boat

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BAAR, Switzerland: February 06, 2018. Agility has become the first freight forwarder to collaborate on a Maersk-IBM blockchain-based solution to enable more efficient and secure methods of conducting global trade.

Agility Logistics KuwaitThe logistics company has agreed to use the technology to identify events associated with individual shipments and to share and receive information about them with shippers, carriers, freight forwarders and others in the supply chain.

"Blockchain technology is going to make shipping cheaper, safer and more reliable. As early adopters, companies like Agility can help Maersk and IBM understand the needs of shippers and develop standards that will make trade more efficient," said Essa Al-Saleh, CEO of Agility Global Integrated Logistics. "We can help customers understand how to use blockchain to improve shipment visibility, eliminate paperwork, reduce errors, and shorten transit and clearance times."

Agility describes blockchain as a secure, "immutable and tamper-resistant ledger" that can be used to track shipments, documentation and payment transactions.

In addition to showing the location of containers in transit, blockchain can show the status of Customs documents, bills of lading and other trade data. As a result, claims IBM, it can improve workflow, cut processing costs and enhance visibility by integrating shipping processes as well as partners.

Customs and border authorities can also use the technology to improve information available for risk analysis as well as greater efficiency in border inspection and clearance.

"For Agility, it's important to be involved early in blockchain and to work with forward-thinking companies like Maersk and IBM," Al-Saleh added. "Together, we have a lot to learn and share in order to bring the benefits of this technology to shippers and consumers as quickly as possible."

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