By signing up with the blockchain-underpinned system TradeLens, GatewayRail is modernising consumers’ supply chains by having the ability to provide them greater presence 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 ended up being the very first rail driver in India to sign up with TradeLens, a blockchain-underpinned electronic logistics system, collectively established 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 substantial influence on effectiveness acquired by merchants and also importers.
TradeLens unites information from the whole worldwide supply chain environment. This information enables TradeLens and also its network companions to modernise guidebook and also paper-based papers by changing them with blockchain-enabled electronic options. It likewise enables the network companions to give their consumers with much deeper presence 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 options 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 options offered on the TradeLens system such as the TradeLens eBL, a digital Bill of Lading utilizing blockchain innovation and also incorporated with profession financing firms and also the Core item that provides real end-to-end presence 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 uses information from carriers and also freight proprietors, 3PLs and also products forwarders, intermodal drivers, personalizeds and also federal government authorities, ports and also terminals, and also numerous sea service providers. This information together with electronic paperwork will certainly assist GatewayRail’s consumers to enhance their functional effectiveness and also produce worth via 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 even more 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
