Jacksonville, Fla. - Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, today announced it has joined the Blockchain in Transport Alliance (BiTA). The goal of the alliance is for company members’ business and technology executives to collaborate, create and adopt industry standard uses of blockchain applications for the freight industry.
“As a technology leader in the transportation industry, we believe that blockchain technology has the potential to provide solutions for a number of challenges in our industry, including increased efficiency and trust between all participants,” said Rick Coro, vice president and chief information officer for Landstar System, Inc.
Landstar understands the importance of establishing standards and guidelines for connecting existing and evolving technologies to blockchain platforms. “As a member of BiTA, Landstar is excited to participate in the early design of blockchain industry standards, and to establish relationships that will help us continue to lead with technology,” added Coro.