FREIGHT

Blume Global & BasicBlock Integrates to Offer Freight Factoring Services

Blume Global | February 28, 2023 | Read time : 02:06 min

Blume Global

The supply chain orchestration platform Blume Global, which is uniting orders for orchestration, multimodal transportation management, supplier relationship management and end-to-end visibility, integrates with BasicBlock, one of the leading financial technology companies restructuring financial options for the trucking industry. As a result, Blume Global's network of trucking customers will be able to use BasicBlock for freight factoring services with this integration at their disposal through Blume's online platform.

BasicBlock, a startup launched in 2018, accelerated by ZEBOX, has grown from a simple trucking document capture tool to one of the leading freight factoring companies that serves as a comprehensive payment platform for trucking customers nationwide. Blume's network will offer services to trucking customer companies of any size. It will help companies with small fleets expand their revenue and cash flow and ensure on-time payments to drivers.

Blume Global and BasicBlock were paired as a result of ZEBOX, launched in 2018 by Chairman and CEO of the CMA CGM Group, Rodolphe Saadé, a global player in sea, air, land, and logistics solutions. By combining the world's most innovative startups, industry leaders and ecosystem experts in the supply chain, transport, logistics, and energy, ZEBOX facilitates the development of sustainable solutions.

Pervinder Johar, CEO of Blume Global, said, "Blume Global is dedicated to making technology accessible to every player in the supply chain, and the strategic partnership with BasicBlock aligns with that mission." He also said, "ZEBOX is creating an environment for collaboration that is fostering change, and that is reflected in our integration with BasicBlock. We are proud to share a passion in creating sustainable innovation in the supply chain, logistics and mobility spaces and be a part of their roster of North American corporate partners."

 

(Source – Cision PR Newswire)

About Blume Global


Pleasanton, California-based supply chain technology provider Blume Global is a multimodal orchestration platform that unites supplier management, end-to-end visibility and logistics execution. The company provides visibility through the value chain, from sourcing to delivery, offering customers access to use its solutions to navigate disruptions and make agile plans during supply chain uncertainty. Its direct connectivity to the ocean, air, rail, parcel, LTL, and truckload carriers, combined with the company's solutions and 28 years of industry data, allows users to maximize transportation costs, enhance customer service, and reduce carbon emissions.

Spotlight

The Smart Maritime Network’s Standardised Vessel Dataset (SVD) for Noon Reports project aims to provide a free and open list of defined data formats for common vessel operational data points typically found in the daily Noon Report, with the goal of offering maritime stakeholders a central reference point for data mapping that can be applied by shipping companies, technology providers or any related third parties to improve the digital capabilities of the industry.

Spotlight

The Smart Maritime Network’s Standardised Vessel Dataset (SVD) for Noon Reports project aims to provide a free and open list of defined data formats for common vessel operational data points typically found in the daily Noon Report, with the goal of offering maritime stakeholders a central reference point for data mapping that can be applied by shipping companies, technology providers or any related third parties to improve the digital capabilities of the industry.

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