What is the Blockchain in Transport Alliance (BiTA)?

BiTA is a commercial blockchain alliance founded in August 2017 dedicated to developing best practices and standards for blockchain applications in transportation and supply chain industries. The organization has grown to nearly 500 members representing over $1 trillion in collective annual revenue, with offices in Chattanooga (Tennessee), Sydney (Australia), and London.

Why does GLT Logistics' membership in BiTA matter for freight operations?

GLT's participation enables the company to collaborate on industry standards for blockchain implementation while offering customers improved shipment tracking, enhanced security for payments, and reduced processing costs. According to the article, blockchain addresses the $140 billion tied up in daily payment disputes and processing costs that reach 20 percent of total company expenses.

How can blockchain improve supply chain payment and tracking processes?

Blockchain functions as an open, distributed digital ledger that records and shares transactions between parties efficiently, securely, and permanently. This enables companies to more accurately track shipments, routes, and trucks while providing a secure platform for faster processing and payments.

What operational benefits should supply chain teams expect from BiTA standards development?

GLT's CTO Ricardo Gonzalez states that participation will help develop technologies providing customers with supplementary services, improved options, and more accurate real-time information. The Alliance members collectively work to establish a standards framework, educate the market on blockchain applications, and encourage adoption across the transportation and logistics sectors.

Is blockchain adoption in freight logistics widespread today?

While BiTA has achieved significant membership growth and industry representation, the article positions blockchain as a rapidly emerging technology that is 'very rapidly changing the world.' This suggests adoption is still in scaling phases, with standardized practices and best practices still under development.

Technology & Innovation

Moderate

GLT Logistics Joins BiTA to Advance Blockchain Standards in Freight

Oct 24, 2026

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The signal

GLT Logistics, a Miami-based third-party logistics provider, has joined the Blockchain in Transport Alliance (BiTA), a 500-member organization focused on establishing blockchain standards for transportation and supply chain industries. This membership positions GLT to participate in developing technologies that address critical inefficiencies in the freight sector, particularly the estimated $140 billion in daily payment disputes and processing costs that can consume up to 20 percent of company expenses. The move reflects growing industry momentum around blockchain adoption for supply chain transparency and payment efficiency.

By joining BiTA, GLT gains access to collaborative standards development alongside transportation leaders while positioning itself to offer enhanced real-time tracking, secure payment processing, and improved auditability to customers. The alliance has grown rapidly since its 2017 founding and now represents companies generating over $1 trillion in collective annual revenue, with regional operations spanning North America, Asia-Pacific, and Europe. For supply chain professionals, this development signals accelerating momentum toward blockchain-based solutions in freight logistics, though widespread adoption of standardized practices remains in early phases.

The focus on payment dispute resolution and processing cost reduction addresses two persistent pain points that directly impact working capital and operational efficiency across supply chains.

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