CargoSmart’s GSBN settles on service agreements with industry leaders
The service agreements commit the parties to providing resources to support preparatory work required to establish the network, including obtaining all necessary regulatory, competition and antitrust approvals required for the establishment of the Global Shipping Business Network. CargoSmart, meanwhile, will provide software solutions and services once it is formed
The GSBN is being billed as a not-for-profit joint venture to accelerate the digital transformation of the shipping industry, but some of the members have also joined Maersk’s TradeLens digital platform