A group of Penske Logistics associates recently attended the Blockchain Supply Chain Summit in the Schreiber Center at Loyola University in Chicago. This year’s summit attendees included representatives from the business, academic, tech and consulting communities. Penske gave the leadoff presentation at the conference, titled Blockchain Empowered Interoperability: A Single Efficient Tech Ecosystem.
Penske Logistics’ Andy Moses, senior vice president of global products and Dave Bushee, vice president of information technology, will appear as speakers during the upcoming Blockchain Supply Chain Summit. The summit is taking place at Loyola University in Chicago, Illinois, on April 9 and 10, 2019.
Companies like Penske Logistics are learning more about a potential solution that could increase supply chain efficiency and track inventory. It’s called blockchain technology, and some experts say it is a game changer for the supply chain.
Penske Logistics has joined the Blockchain in Transport Alliance (BiTA) as a corporate member. BiTA is a new organization formed less than a year ago and it provides a forum to promote and educate, while encouraging the development of blockchain applications, within the transportation industry.