Insights - November/December 2017 - 16

Start the New Year Off Right
Resolve to Attend
IANA's 2018 Events
IANA connects members of the intermodal
freight community, like you, with the resources
and opportunities necessary to stay informed,
aligned and on the path to success.
May 1-3

Intermodal Operations &
Maintenance Business Meeting

The Westin Lombard Yorktown Center * Lombard, Illinois

September 16-18

Intermodal EXPO 2018

Long Beach Convention Center * Long Beach, California

TECHNOLOGY - from page 15
"The PTC team worked countless
hours to satisfy the required conditions
from the FRA on the New Orleans
and Alexandria Subdivisions,"
spokeswoman Doniele Carlson said.
The other subdivisions covered by the
demonstration are Pittsburg, Heavener
and Shreveport.
Union Pacific, in a statement,
described PTC as "a multi-dimensional
process requiring a cross-functional,
system wide approach" that includes
integrating signals, GPS, wayside, base
station and locomotive radios as well as
antennas and satellites.
The carrier has installed PTC
hardware on 98 percent of required miles
and 94 percent of locomotives. Its total
PTC investment is approximately $300
million in 2017 alone, and will be an
estimated $2.9 billion in total.

Blockchain Shows Promise

www.intermodal.org

16 Intermodal Insights | November/December 2017

As 2017 comes to an end, another
much-discussed technology is blockchain.
Blockchain creates an information sharing
system based on pre-programmed logic. It
is designed to create mutually acceptable
agreements in a secure setting that can't
be manipulated or altered.
This concept has already been tested
in the ocean carrier industry by Maersk
Line.
For the freight industry, it offers
the potential to manage a multitude of
shipment transaction activities faster, and
with reduced labor costs, said Craig Fuller,
a founder of the Blockchain in Trucking
Alliance, or BiTA, and CEO of technology
company TransRisk.
Blockchain can touch every portion
of freight shipments, including requests
for proposals, contracts, payments, proof
of delivery and dispute resolution. That
potential prompted the formation of BiTA.
"What we wanted to do was basically
bring together technology companies that
are very large and mature, early stage tech
startups and engineers and theorists and
industry participants together to create an
alliance to help usher in this technology
into the industry," Fuller said on an early
November webinar.
A particular benefit could be
creating "smart contracts," which make
transactions binding, resulting in lower
costs by eliminating disputes after


http://www.intermodal.org http://www.galaxytransport.com

Table of Contents for the Digital Edition of Insights - November/December 2017

IANA News
Storms Create Recovery Challenges, Foster Valuable Lessons Learned
Intermodal Benefits from Technology Grow in 2017, Should Increase in Future
Inland Port Projects Advance in East
Optimism Builds for Intermodal Freight
Food Safety Modernization Act Could Help Increase Temp Control Freight
Intermodal Rail Enhancements Continue in 2017, Focused on Service
Government News
International Intermodal News
Intermodal Information Services News
Welcome New Members
People News
Intermodal Calendar
Insights - November/December 2017 - Cover1
Insights - November/December 2017 - 2
Insights - November/December 2017 - 3
Insights - November/December 2017 - IANA News
Insights - November/December 2017 - Storms Create Recovery Challenges, Foster Valuable Lessons Learned
Insights - November/December 2017 - 6
Insights - November/December 2017 - 7
Insights - November/December 2017 - 8
Insights - November/December 2017 - 9
Insights - November/December 2017 - 10
Insights - November/December 2017 - 11
Insights - November/December 2017 - 12
Insights - November/December 2017 - Intermodal Benefits from Technology Grow in 2017, Should Increase in Future
Insights - November/December 2017 - 14
Insights - November/December 2017 - 15
Insights - November/December 2017 - 16
Insights - November/December 2017 - 17
Insights - November/December 2017 - 18
Insights - November/December 2017 - Inland Port Projects Advance in East
Insights - November/December 2017 - 20
Insights - November/December 2017 - 21
Insights - November/December 2017 - 22
Insights - November/December 2017 - Optimism Builds for Intermodal Freight
Insights - November/December 2017 - 24
Insights - November/December 2017 - 25
Insights - November/December 2017 - 26
Insights - November/December 2017 - Food Safety Modernization Act Could Help Increase Temp Control Freight
Insights - November/December 2017 - 28
Insights - November/December 2017 - 29
Insights - November/December 2017 - Intermodal Rail Enhancements Continue in 2017, Focused on Service
Insights - November/December 2017 - 31
Insights - November/December 2017 - Government News
Insights - November/December 2017 - 33
Insights - November/December 2017 - International Intermodal News
Insights - November/December 2017 - Intermodal Information Services News
Insights - November/December 2017 - 36
Insights - November/December 2017 - Welcome New Members
Insights - November/December 2017 - People News
Insights - November/December 2017 - Intermodal Calendar
Insights - November/December 2017 - 40
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