GE Transportation (NYSE:GE), a global technology leader and supplier of equipment, services and digital solutions to the rail, mining, marine, stationary power and drilling industries, announced today that it has joined the Blockchain in Transport Alliance (BiTA). BiTA is the transportation and logistics industry’s leading trade association for blockchain education and standards development.
“We understand the importance of using data and analytics to drive outcomes for our customers,” said Monica Caldas, Chief Information Officer for GE Transportation. “As a company, we’ve defined what it means to be a Digital Industrial leader – employing these technologies first internally to drive productivity and then applying those learnings for our customers’ benefit as well.”
Since BiTA was founded in the fall of 2017, more than 230 companies including truckload carriers, third-party logistics, tech firms, major retailers, class 1 railroads, OEMs, parcel carriers, financial service providers and data analytics companies have joined the alliance, with a collective revenue exceeding $1 trillion.