logo-loader
LiteLink Technologies Inc.

LiteLink wins deal to provide 1SHIFT Logistics software to its first US customer Bay Water Transportation

The British Columbia company’s flagship software platform enables brokers, shippers, and carriers to track shipments and settle payments in real-time

LiteLink Technologies Inc. - LiteLink Technologies wins deal to provide 1SHIFT Logistics software to its first US customer Bay Water Transportation
1SHIFT streamlines workflow within the partner ecosystem and uses blockchain to record the immutable details of the shipment to automate the paperwork

LiteLink Technologies Inc (CSE:LLT) (OTCMKTS:LLNKF) revealed Friday that it has signed its first US 1SHIFT Logistics customer, Bay Water Transportation, a fully licensed international logistics service provider headquartered in Houston, Texas.

The Burnaby, British Columbia company’s flagship software platform 1SHIFT Logistics, enables brokers, shippers, and carriers to track shipments and settle payments in real-time without having to micromanage individual drivers.

In a statement, LiteLink, which is using artificial intelligence to bring the shipping industry into the 21st century, said Bay Water Transportation was looking for an advanced freight and shipping visibility platform that could seamlessly work without start-up costs, or fees to gain real-time visibility into freight issues.

READ: LiteLink Technologies has built platforms to disrupt shipping and payment logistics systems

According to the agreement, LiteLink will provide Bay Water perpetual use of its 1SHIFT Logistics platform for advanced real-time freight visibility, interactive real-time maps and ETA, route optimization, problem management, audit logs, and proof of delivery that removes the need for faxes and emails.

The bill of lading, which is a document issued by a carrier to acknowledge receipt of cargo for shipment will also be digitized.

“We are excited to roll this out to our first major brokerage group in the U.S, that have a real need for visibility to track shipments and enrich their customer experience and service,” LiteLink Technologies CEO Ashik Karim said in a statement.

“Having visibility into real-time data, deviation of routes, and real-time updated ETA’s is something that every broker needs in their arsenal to deliver the highest customer service and to remain competitive,” he added.

Pay-per-load model

The company said Bay Water has been given a 30-day free onboarding period to learn about and get comfortable with the platform. Bay Water will then pivot to a pay-per-load model.

Predictive analytics built into the platform helps shippers review historical pricing information, partner ratings, and current factors such as fuel prices, weather, and backhaul capacity to make informed pricing decisions in real-time.

1SHIFT streamlines workflow within the partner ecosystem and uses blockchain to record the immutable details of the shipment to automate the paperwork.

LiteLink said its initial focus is to provide 1SHIFT to carriers, brokers, and shippers in North America this year, followed by expansions into South America in early 2020. 

Contact Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive 

Quick facts: LiteLink Technologies Inc.

Price: $0.16

Market: CSE
Market Cap: $27.59 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of LiteLink Technologies Inc. named herein, including the promotion by the Company of LiteLink Technologies Inc. in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: UBUCK announces capital raise as company prepares to launch...

UBUCK (CSE: LLT) a subsidiary of LiteLink Technologies, CEO James Youn joined Steve Darling from Proactive Vancouver to bring news the company is planning to raise up to 4 million dollars.  Youn talks about what they plan on using the money for and also when they plan on going live with...

1 hour, 49 minutes ago

2 min read