Shipping group Maersk said on Thursday 94 companies and organizations have so far joined a blockchain platform developed with IBM (IBM.N) aimed at boosting efficiency and limiting the enormous paper trail of global container shipping, “Reuters” informs.
A sell-off that has hammered the price of industrial metals continued yesterday as fears over slowing global growth and the trade spat between the US and China rattled commodity markets, “Finantial times” reports.
China is looking to boost its high-speed transportation development as California-based Hyperloop Transportation Technologies signed a deal with the province of Guizhou to build its first track in the country, “CNBC” reports.
As the GCC countries pursue economic diversification and sustainable growth plans, the need to digitise freight transportation and logistics is becoming increasingly important, according to a recent study by management consultancy Strategy& Middle East, part of the PwC network, “Arabian industry” reports.
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