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The transport, shipping, and logistics (TSL) industry faces systemic inefficiencies including delayed payments (36.9 DSO in trucking), high administrative costs (20% of transport costs), cold chain monitoring failures (8.5% global pharmaceutical shipment risk), and $30B annual cargo theft losses. Fragmented data silos and lack of trust between stakeholders exacerbate disputes and fraud risks.
A multinational logistics company specializing in cross-border freight management, cold chain transportation, and supply chain optimization.
Projected 40% reduction in payment processing time, 25% decrease in administrative costs, and 60% improvement in cold chain compliance. Enhanced trust through immutable data sharing could reduce cargo theft losses by $5B annually across network participants while enabling predictive analytics for route optimization and risk mitigation.