Freight Management Inc. (FMI), a certified veteran-owned and family-run technology-leveraged third-party logistics (3PL) provider, recently became a member of the Blockchain in Transport Alliance (BiTA). The various applications of blockchain technology are as exciting as they are fraught with the need to normalize. As is the case with FMI’s proprietary transportation management system (TMS) platform, My Freight Manager®, those existing in the technology space are smart to incorporate best practices in the formation of blockchain-enabled services.
Recognizing the immeasurable potential to advance operational effectiveness within the supply chain, FMI is now part of this reality – curating the future from the forefront. Bob Mayo, the company’s Chief Operating Officer stated, “FMI is excited by the unprecedented opportunity amongst the BiTA community, helping to shape history and preemptively act from tomorrow’s standards – today.”
Chris Burruss, BiTA president, said: "Freight Management Inc. is the latest member of BiTA, and we are proud to have the company in BiTA, and look forward to its contributions to the BiTA Community. With interest in blockchain technology growing rapidly, there are an increasing number of blockchain-related pilot projects in freight, transportation and logistics around the world. The Alliance was established by experienced technology and transportation/logistics experts to build common standards and promote blockchain education about blockchain.”
About Freight Management Inc.
Freight Management, Inc is a logistics service provider with over 40 years in the transportation industry that seeks to be a single source solution for its customers' transportation needs. Whether a company is looking to ship a single pallet or contract the handling of its entire transportation network, FMI has the logistics expertise to deliver results. Based in Glendale Heights, Illinois, FMI is a family-owned business comprised of the finest and most-qualified transportation professionals – industry leaders whose goal is to exceed customer expectations in quality, delivery and cost through continuous improvement in technology and customer interaction.
Founded in August 2017, BiTA has grown into the largest commercial blockchain alliance in the world, with more than 450 members that collectively generate over $1 trillion in revenue annually. BiTA is developing standards and education in blockchain technologies for the freight, transportation and logistics industries. Within BiTA, members participate, discuss, create and adopt industry standards that will be the basis for developing blockchain applications. The Alliance also provides educational opportunities through webinars and other means to keep the industry engaged and informed of blockchain use cases and technological changes. BiTA has offices in Chattanooga, Tennessee and Singapore. For more information, please visit BiTA at www.bita.studio.