Welcome to the May 2018 issue of “Across Logistics” Innovation News Release, where we are presenting you the latest innovative technologies and important news in logistics that happened in May. Here is the list of topics in this issue: Hyperloop One and DP World introduce DP World Cargospeed Volans-i Performs a Successful Test of a High-Speed
It was only a matter of time until blockchain hit the logistics mainstream. The technology’s ability to record transactions between parties permanently and securely has a multitude of uses in logistics which are only now starting to be realized. But blockchain is being realized and in a major way by some of the world’s largest companies including Maersk, Microsoft, Alibaba, and Amazon. That’s a lot of money getting in on the blockchain action, and why wouldn’t they? The World Economic Forum estimates the integration of blockchain reduces the supply chain barriers to trade, giving businesses the potential to increase sales by almost 15 percent and increase the global gross domestic product (GDP) by 5 percent.