Year: 2024
Type: article
Abstract: The U.S. trucking and logistics industry faces persistent challenges in transparency, inefficiency, and data security, which hinder its operational potential. Blockchain technology offers a transformative solution, enabling transparent, secure, and efficient operations through features such as decentralized ledgers, smart contracts, and real-time data sharing. This paper explores the application of blockchain technology in addressing critical issues such as fraud, shipment traceability, and regulatory compliance. Real-world case studies and examples illustrate its current and potential impact. Despite barriers such as regulatory ambiguity and technical integration challenges, blockchain presents a promising pathway toward optimizing trucking operations, reducing costs, and fostering trust among stakeholders. Keywords: Blockchain, trucking industry, logistics, transparency, efficiency, smart contracts, data security, supply chain, decentralized ledger, U.S. logistics, freight management, digital transformation.
DOI: 10.55041/ijsrem26506
Authors: Operations & Logistics Manager Canamex Carbra Transportation Services Olive Branch, Mississippi, USA, Bhavya Vashisht
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4405765483