News > Load One Joins Blockchain in Trucking Alliance

October 5, 2017

Load One Transportation & Logistics, an asset based expedited transportation and logistics provider, has become a member of the Blockchain in Trucking Alliance, a group dedicated to setting standards for blockchain applications developed for the transportation industry

The alliance was formed by tech and transportation executives to create a forum for promotion and education, and to encourage development and adaptation of blockchain applications within the transportation and logistics industries.

Blockchain is a distributed ledger technology designed for transactional applications such as the movement of freight. The technology is already in use in industries such as stock trading, banking, insurance, and real-estate – all industries with complex, high-volume transactions.

“Load One has always pushed to remain an industry leader in technology to improve the customer, staff and driver experience, said John Elliott, CEO of Load One.  “The continued emphasis on free flowing real time information combined with our advancements in information delivery platforms will continue to push our customer’s success.”

BiTA members believe that blockchain will be one of the most significant developments in the transportation industry and the group intends to be the leading blockchain voice for the industry. As a member, Load One Transportation and Logistics will help BiTA create a forum and develop a further dialogue with other innovators in the industry. Through engagement with influential leaders in transportation, finance, and technology, BiTA plans to build the first set of transportation industry-specific blockchain standards.

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