By signing up with the blockchain-underpinned system TradeLens, GatewayRail is modernising clients’ supply chains by having the ability to supply them greater exposure and also secure & & safe and secure electronic paperwork
GatewayRail, India’s leading intermodal logistics provider and also rail-linked Inland Container Depots (ICD) driver, has actually come to be the very first rail driver in India to sign up with TradeLens, a blockchain-underpinned electronic logistics system, collectively created by A.P. Moller– Maersk and also IBM. The organization in between GatewayRail and also TradeLens is a significant landmark in digitizing India’s huge inland container logistics environment with a considerable influence on effectiveness gotten by merchants and also importers.
TradeLens combines information from the whole international supply chain environment. This information permits TradeLens and also its network companions to modernise guidebook and also paper-based files by changing them with blockchain-enabled electronic services. It likewise permits the network companions to offer their clients with much deeper exposure right into the whole trip for their freight from beginning to location.
GatewayRail presently runs a fleet of 31 rakes attaching western Gateway ports such as Nhava Sheva, Pipavav and also Mundra to its ICDs at Garhi Harsaru in Gurugram, Piyala in Faridabad, Sahnewal in Ludhiana and also at Viramgam in Ahmedabad area, where the TradeLens services will certainly be released in the very first stage. Customers relocating import and also export containers on these solutions will certainly have the ability to make complete use the services supplied on the TradeLens system such as the TradeLens eBL, a digital Bill of Lading making use of blockchain modern technology and also incorporated with profession money firms and also the Core item that supplies real end-to-end exposure along with electronic paperwork.
“At GatewayRail, we have a commitment towards ease of doing business through digitisation of logistics. Joining the TradeLens platform allows us to lead the change in Indian intermodal logistics ecosystem. It is the right time to change over from the manual, paperbased documentation and move towards a digital solution that drives value for all the stakeholders in the journey of import and export cargo”, stated Sachin Bhanushali, CHIEF EXECUTIVE OFFICER and also Director Gateway Rail Freight Ltd.
TradeLens is a neutral system which makes use of information from carriers and also freight proprietors, 3PLs and also products forwarders, intermodal drivers, custom-mades and also federal government authorities, ports and also terminals, and also a number of sea service providers. This information in addition to electronic paperwork will certainly aid GatewayRail’s clients to enhance their functional effectiveness and also develop worth with the blockchain system.
“The TradeLens network is rapidly expanding in India, and we are extremely delighted to have GatewayRail as the first rail operator directly integrated to our platform. Digitizing supply chains is high on agenda for Indian logistics and building on this network is a step in the right direction. There is no doubt that digitizing supply chains will ultimately help in bringing down the total cost of logistics, which is an important cornerstone of the National Logistics Policy”, stated Bimal Kanal, Head of TradeLens, South Asia.
Bimal better included, “Being an early adopter of TradeLens in India, GatewayRail has done what major rail companies in the western countries of America and Europe have already completed. Joining the TradeLens platform will assist GatewayRail to meet the ambition of the foundation carriers, including Maersk, MSC, CMA-CGM, Hapag Lloyd and ONE, to bring secure data sharing for driving high levels of efficiency.”
Sea News, August 20
