Monthly Archives: July 2021

Backlogs in the supply chain make Chicago a new choke point

Chicago is emerging as a new bottleneck in the global supply chain as rail, trucking and logistics companies grapple with a spate of imports from Asia reaching the Midwestern freight hub. Union Pacific Corp. and BNSF Railway Co. have limited container shipments to their overcrowded cargo handling terminals in the …

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Global Shipping Business Network introduces blockchain solution in China

Hong Kong-based technology consortium Global Shipping Business Network (GSBN) has launched its first blockchain-enabled application, Cargo Release, in China. Cargo Release uses blockchain technology and offers a paperless, transparent solution that connects all parties involved in the import port, including shipping companies, consignees, their agents and terminals. By eliminating the …

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