OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, on behalf of its managed and affiliated railroads, is the first short line company to join the Blockchain in Transport Alliance (BiTA).
BiTA was founded to engage thought leaders within the transportation and technology industries who have a shared vision of leveraging blockchain technology within the supply chain to develop a standards framework, educate the market and encourage widespread adoption.
It is critical for the short line and regional railroad sector of the transportation industry to have a seat at the table when supply chain technology standards that can enhance performance are discussed.—Hubert Gassner, Chief Financial Officer at OmniTRAX
The Blockchain in Transport Alliance (BiTA), founded in August 2017, is a forum for promotion, education and encouragement to develop and adopt blockchain applications in the trucking, transportation, and logistics industry.
BiTA’s goal is for members to participate, discuss, create and adopt industry standard uses of blockchain applications and to provide clarity and direction for the development of blockchain technology in the trucking industry in a manner that will create efficiency, transparency and foster trust.
OmniTRAX’s core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations.