THE LATEST
FROM TRADELENS

On behalf of Pakistan Customs, the Pakistan Single Window Company signed an agreement with TradeLens to digitize import-export documentation of the containerized cargo moving in and out of the country.

Eswaran Brothers Exports, one of Sri Lanka’s premier tea suppliers for over five decades, became the first exporter out of the country to adopt eBL from TradeLens, a digital supply chain platform underpinned with blockchain technology that allows electronic issuance, transfer, and surrender of original bills of lading.

ThPA S.A. - Port of Thessaloniki is the first Greek Port to adopt blockchain technology through integrating with TradeLens, a digital logistics platform supported by five of the six largest ocean carriers globally. ThPA S.A. is focused on the transformation of the Port of Thessaloniki into a “smart port” through smart technologies for the digitization of systems, to provide innovative and high-end services with simplified procedures, creating surplus value for the wider port community.

International trade is the backbone of the global economy. However, it continues to work with inefficient paper-intensive processes. Drip Capital, Inc., a leading cross-border digital trade finance platform, today announced a collaboration with TradeLens, a blockchain-enabled digital platform, to provide easy access to credit for small and medium businesses (SMBs) across the world. 

Daniel Wilson recently spoke with Contour as part of Trade Finance Global’s fireside chat series. He outlined how the TradeLens platform brings shippers’ ecosystems together. The discussion covered interoperability and how TradeLens is working with other platforms to achieve end-to-end digital solutions for customers.

GatewayRail, India’s leading intermodal logistics service provider and rail-linked Inland Container Depots (ICD) operator, has become the first rail operator in India to join TradeLens. The association between GatewayRail and TradeLens is a major milestone in digitizing India’s vast inland container logistics ecosystem with a significant impact on efficiency gained by exporters and importers.

A common dilemma in organizations working with global logistics operations is: while the benefits of various products focused on digitizing supply chains and providing an extended track and trace functionality sound so appealing, is it worth the money?

AICT, one of Pakistan’s important container terminals in Karachi, has become the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics platform. AICT is also the first network partner for TradeLens in Pakistan, thus leading the digitization journey of Pakistan’s container logistics and supply chain ecosystem. 

Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, helping ensure a more timely and consistent view of logistics data for their containerized freight around the world.

Within a month of announcing general availability of the TradeLens platform in China, more than 10 new members have joined the ecosystem to digitize paper-based processes and improve the visibility for Chinese companies into global trade

This post is another in our series explaining the practical benefits of TradeLens from client perspectives. Last week we covered how Van den Ban is using digitization platforms like TradeLens to automate their global supply chain. Today, we review how container availability events directly from the source, in near real-time, drive immediate process efficiencies for PUMA.

A first-hand perspective from Marco Guerts, Customs and Trade Compliance Manager at Van den Ban Group, on how his firm has been putting digitization platforms like TradeLens into practice within their global supply chain.