Bourque Logistics Joins BiTA
THE WOODLANDS, Texas, Feb. 26, 2018 /PRNewswire/ -- Bourque Logistics, the leader in rail logistics systems for more than 29 years, announces its membership in the Blockchain in Transport Alliance (BiTA). This recently formed industry group, with over 210 members, represents an important effort to develop blockchain standards for multi-mode logistics participants.
In addition to defining blockchain standards, Bourque Logistics seeks to evaluate transaction types with BiTA members to prioritize the highest return blockchain transactions for its rail shipper customers. Starting in 2017, discussions arose between Bourque and its clients about how blockchain technology could alleviate certain inefficient rail logistics issues. This effort resulted in an initial design for digitized file formats called rblocks. These allow rail industry participants to securely exchange bill of lading subsets, as well as settle freight, repair, and lease costs using smart contract technology.
"With our ongoing efforts to enhance the scope of our RAILChain project, we value an organization like BiTA to provide focus on developing blockchain standards for all," said Steve Bourque, president of Bourque Logistics. "BiTA's role is also important in prompting an understanding of the opportunities and realization of value through this new promising technology."
Bourque believes that BiTA will provide a much wider forum to speed the adoption of blockchain standards that will hasten real returns via distributed, peer-to-peer data exchange.
"A discussion on how rail enterprise systems integrate via the blockchain is also important," he continued.
With an initial proof of concept (PoC) for RAILChain slated for the summer 2018, any blockchain standards discussion and ideas arising from the BiTA forum will be integrated into the project. Bourque customers will have the opportunity to be the early PoC participants to evaluate value and set priorities using the blockchain.
The RAILChain project builds upon previous design elements of NaviChain(TM), a blockchain network being designed for international, intermodal chemical shipments by Tank and Container Management Systems, LLC (TCMS), a partner of Bourque Logistics.
About Bourque Logistics
Headquartered in The Woodlands, Texas, Bourque Logistics has automated rail shipment processes for shippers since 1989 with RAILTRAC(®), YardMaster(®), RateServer(®), and other tools addressing all facets of rail shippers' needs and integrates seamlessly with their ERP systems.
Bourque Logistics' tools are redundant, cloud-based systems for rail and motor carrier shipment operations for loading and shipping, bill of lading submission, tracking and tracing, freight costing and payment, fleet accounting, supply chain management, and customized reporting. Our EDI data services connect shippers with their suppliers, customers, and carriers. Bourque Logistics also provides professional service support for rail fleet expediting and railcar maintenance management.
For more information, visit bourquelogistics.com or watch our company overview videos at youtube.com/bourquelogistics.
About TCMS
Tank and Container Management Systems, LLC (TCMS) is an intermodal logistics company which streamlines international shipping operations for ISO tank, cylinder, tote, and other cargo container movements. TCMS' Journey((TM)) Navigator is a cloud-based logistics system providing optimized intermodal shipment management and offers enhanced connectivity between shippers, multi-mode carriers, ports, and depots around the world.
TCMS partnered with Bourque Logistics to address the increasing international shipment operations of its rail shipper clients. Leveraging Bourque Logistics' knowledge in industrial shipping automation, EDI, and enterprise integration, TCMS' service streamlines shippers' container movements, and addresses important equipment maintenance, compliance, and document management requirements. TCMS logistics staff provides professional services and support for container expediting, and fleet and compliance management.
RAILChain(TM), rblocks(TM), NaviChain(TM)are registered trademarks of Bourque Data Systems Inc.
Media Contact:
Steve Bourque
Bourque Logistics and TCMS
steveb@railtrac.com
281.362.1513
View original content with multimedia:http://www.prnewswire.com/news-releases/bourque-logistics-joins-bita-300604106.html
SOURCE Bourque Logistics
