A global growth opportunity
It’s estimated that global trade is now worth more than $18 trillion USD per year. The majority of traded goods are transported, at some point, by ocean going vessels in steel shipping containers. The value of that containerized freight is approximately $12 trillion USD. But paper-based trade and manual document-handling slow logistics and facilitation, reducing the potential by up to 15%.
As the world continues to develop, demand for container freight transport is projected to grow significantly. If we work together to scale information digitization and exchange then we can claim that 15%, resulting in a $1.8 trillion increase this year and $5.2 trillion per year by 2050.
Get ahead of the trend with TradeLens.
TradeLens is an interconnected ecosystem of supply chain partners — cargo owners, ocean and inland carriers, freight forwarders and logistics providers, ports and terminals, customs authorities, and more.
Access a supply chain and logistics network with data coverage of over half of global container shipping volume.
TradeLens runs on a powerful permission matrix and blockchain, ensuring every party to a shipment has access only to their information and a secure audit trail of all transactions.
Connect to a global platform built on open-source technology and publicly-available APIs.
The TradeLens Marketplace accelerates supply chain innovation and value creation by offering apps and services developed by TradeLens and third parties that work seamlessly with the Platform.
Lay the foundation for ongoing improvement and innovation in your business today.