TRUX Announces Blockchain in Transportation Alliance Membership
Partnership showcases commitment to bettering technology standards in transportation industry
WALTHAM, Mass. – Nov. 4, 2020 – TRUX, the leader in dump truck logistics technology, announced today it has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain use in the transportation industry. TRUX joins after a multitude of global members, including Daimler, FedEx, SAP and Uber Freight.
The TRUX team, consisting of construction industry veterans, technology leaders and hard-working innovators, regularly work to bring the latest technology to those building our nation’s roads, bridges and buildings. With this new membership, TRUX will be furthering its position as a technological leader and showcasing their commitment to better servicing their customers.
“We’re excited to join other like-minded companies with our new BiTA membership,” said Bart Ronan, CEO of TRUX. “By becoming a part of the alliance, we are showcasing our commitment to keeping our users connected with the greatest technology available. Blockchain technology will soon revolutionize the transportation industry, and it’s exciting to be a part of the movement.”
Within the transportation industry, the utilization of blockchain technology enables users to identify and track transactions digitally and share information across a distributed network of computers. Blockchain will allow TRUX users to more effectively track deliveries, drivers and freight across their supply chain to help them operate in a more seamless and transparent manner. The BiTA partnership will also help to create new revenue streams and value for TRUX members by enabling a system for completing transactions, tracking shipments and managing fleets.
“Blockchain technology will transform the TRUX network supply chain by introducing greater transparency, innovation and efficiency,” said Chris Burruss, President of BiTA. “We are fortunate to have member companies like TRUX who have the industry experience. The TRUX team will be key players in helping us develop blockchain standards in transportation.”
To learn more about TRUX, please visit www.truxnow.com.
About the Blockchain in Transport Alliance
BiTA was formed in August 2017 by experienced technology and transportation executives to create a forum for the development of Blockchain standards and education for the freight industry. It brings together leading companies in the freight technology industries that share a vested interest in the development of Blockchain technology. BiTA engages with the industry and provides educational resources to promote the potential benefits of Blockchain technology. Over 1,000 companies have applied for membership. For more information about BiTA, please see https://bita.studio.
TRUX is a multi-sided platform providing an open marketplace and enterprise logistics management solution that connects truckers, contractors, and material producers throughout North America. TRUX offers the nation's largest technology-enabled dump truck network, with over 20,000 approved dump truck drivers. The company’s complete dump truck management solution is transforming the logistics of a $50 billion industry that has largely been left behind by technology. TRUX works with contractors, individual owner/operators, and corporations of all sizes to increase the efficiency of the industry and effect positive social change by reducing the carbon imprint in construction through smarter logistics.