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TradeLens' surmise is not a Blockchain failure

TIER 4   Wed, 14 Dec 2022 19:01:03 +1100

Logistics briefing provides industry news & briefs written by expert researchers & analysts. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  
  
Logistics briefing provides industry news & briefs written by expert researchers & analysts. **Wednesday 14th December 2022** **TradeLens ' surmise is not a Blockchain failure** By Ken Lyon, TiTi Insight's Technology Advisor Ken Lyon discusses the failure of TradeLens and warns that Blockchains have not failed, just the ability to use them. Read brief     **_Kirsty Adams_**  
Logistics Briefing Editor **Trial and error** The sea freight market will see muted growth in 2023. As a market which demands growth, needs collaboration and can struggle to attract new talent, I hope that the demise of TradeLens doesn't deter tech entrepreneurs from choosing shipping as their hustle.Global freight forwarding growth is expected to contract by 2.4% in 2022 and reach a market value of €263,133m, as shown in Ti's free whitepaper Global Freight Forwarding forecasts for 2022 & 2023, published this week.The paper also looks at regional performance and how current supply chain constraints will influence recovery over the coming years.Whilst the sector considers constraints, it's also key to consider (and imagine) the freedoms of digitisation and how shipping _could_ look over the coming years, as the TradeLens and IBM team did. It may have 'failed', but it was a successful trial.Ti's Tech advisor Ken Lyon, argues that the BlockChain infrastructure at the heart of the TradeLens project was not at fault, and urges companies and entrepreneurs to continue to innovate.  Read more on digital disruption here.PS: Don't forget our special subscription offer. Readers of Logistics Briefing receive 10 per cent off Ti reports. Visit our **reports page**  and use the following discount code **'LBSUBS10'** _Click here  to forward to a friend._ Emailed this by a friend? Sign up here.   |  **The Global Freight Forwarding market to avoid contraction only narrowly in 2023** By Marta Chiriatti, TiThe continuing effect of COVID-19 restrictions, the rise of inflation, and the increase in the price of fuels will weigh on growth in the global freight forwarding market in 2023, which will expand by only 0.7%. **_Read more here._**

# **Contract logistics growth expected to slow in 2023**

#  By Ti Insight

In 2023, Ti's latest interim data projections indicate that the contract logistics market is expected to grow at a slighter slower pace than in 2022 as the economy enters a pronounced slowdown. **_Read more here._**  
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**NEW Ti Podcast:**  
**Contract Logistics Data & the Democratisation of Tech**Hosted by Kirsty Adams. With guest speakers Nia Hudson, John Manners-Bell & Ken Lyon. Listen now  
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