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KLog.co joins TradeLens blockchain platform

KLog.co joins TradeLens blockchain platform
Felipe Bermudez, Commercial Manager of HSUD (left) and Janan Knust, Founder & CEO of KLog.co signing the TradeLens agreement

Digital-first freight forwarder KLog.co has joined blockchain-enabled and container logistics platform Tradelens, the first of its kind to join the platform in Latin America.

Through its digital platform, KLog provides timely end-to-end supply chain visibility and secured sharing of genial shipping documents, which will be complemented by the global scope of TradeLens and integration of additional data to enhance its digital tool kit.

Janan Knust, founder and CEO of KLog.co, said: “Our logistics platform aims to be intuitive and simple, centralising and ordering information, tracking shipments, incorporating alerts to avoid extra costa and creating the ability to automate workflows.

“Enhanced by global supply chain data sourced in near real time from TradeLens, we will be able to amplify our supply chain analytics for customers and continue to offer tools to efficiently manage international trade.”

Data enhancements planned for integration include data ‘direct form the source’ that will improve KLog’s own AI and predictive ETAs.

Additionally, updates to the transportation plans, published directly by the ocean carriers to the TradeLens platform, can be consumed in near real time by KLog’s customers.

Kunst said: “Real-time insight into logistics data is critical. It’s no use if an update comes through days or even hours after an event has occurred, especially when we consider clients expectations for speed of information and desire for knowing where their cargo is at all times.”

Jointly developed by A.P. Moller – Maersk and IBM, TradeLens is already directly integrated with five ocean terminals and four inland depots in Chile, plus an additional 23 terminals, 10 inland depots within Latin America.

Trucking integration has also already started with coverage in four countries in the region.

Mike White, CEO of GTD Solution Inc. and head of TradeLens, said: “Integrating with digital first companies like KLog is validation that TradeLens is spurring innovation in the maritime industry.

“Combine this with a Latin American ecosystem that has developed substantially since TradeLens was launched, and you have an environment where companies can simplify their international trade experience with increased transparency and access to data through strong local partners.”

A single API integration with TradeLens allows freight forwarders and beneficial cargo owners access to end-to-end supply chain data, leading to improved planning, data analysis and ultimately better customer service.

KLog recently opened an office in Peru and have plans for offices in Bolivia, Colombia, Uruguay and Mexico.

Building off a strong digital platform and using a digital first approach has allowed continued expansion to move ahead rapidly.

Launched in 2018, TradeLens prioritises close data gaps and enabling freight forwarders with data direct from the source to enhance their own offering to their clients.

Its ecosystem now includes more than 300 organisations, extending to more than 10 ocean carriers and encompassing data from more than 600 ports and terminals.

TradeLens has tracked 35m container shopments, 1bn events and roughly 16m published documents so far.