Professor Roar Adland and Dr. Haiying Jia, visiting scholars, Center for Transportation and Logistics, Massachusetts of Institute of Technology
Demurrage is arguably one of the most disputed contract terms in the transportation industry. The application of smart contracts could address many of the issues that make demurrage claims costly and inefficient, providing the industry can reconcile the technology with the uncertainties of the physical supply chain.
Joni Casey, president and CEO, Intermodal Association of North America
The wind is at the intermodal sector’s back in the North American markets, but there is one headwind that, and as of now, the scope and ultimate impact is unknown.
Commentary
Can smart contracts reduce the cost, inefficiency of demurrage claims?
The factors behind North America’s intermodal acceleration
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