Logizard has officially launched its common digital waybill, Bit Waybill®, implementing a system that manages cargo histories using BWB numbers. The company aims to improve logistics efficiency and achieve the Physical Internet by enabling the sharing of transportation information among multiple companies.
Logizard Co.,Ltd. has officially launched its common digital waybill, Bit Waybill®. The company is building infrastructure to address challenges in the logistics industry by managing cargo histories through BWB numbers and supporting joint transportation, relay transportation and centralized management of shipment information. It has also begun recruiting participating companies, establishing a framework to promote the sharing of transportation information among companies.
Bit Waybill® provides a system for tracking and using cargo histories, beginning with the issuance of BWB numbers as common IDs. According to the company, this will promote data integration among shippers, transportation companies and application vendors, leading to the sharing and optimization of transport capacity.
Participating companies are expected to benefit from optimized logistics costs and the establishment of stable logistics systems, while transportation companies are expected to achieve higher vehicle loading rates and reduced driver workloads. The company plans to strengthen the logistics infrastructure needed to achieve the Physical Internet by attracting more participating companies.
Bit Waybill® is positioned as part of an initiative aimed at resolving the current shortage of transport capacity. The company says its rollout could improve logistics efficiency and support the creation of new business models. Future developments and the expansion of the participant base are expected to attract attention.