CON-WAY Adds More E-Commerce Features To Web Site; Customer Specific Rate Quotes and Listings of Frequent Vendors and Customers Now Provided to Registered Users.Business Editors/Automotive Writers ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(AutomotiveWire)--Aug. 8, 2000 Con-Way Transportation Services (CON-WAY), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CNF CNF Configuration (File Name Extension) CNF Conference CNF Conjunctive Normal Form CNF Could Not Find CNF Chin National Front (Burma) CNF Canadian Nature Federation CNF Cornell NanoScale Facility Inc. (NYSE NYSE See: New York Stock Exchange : CNF) today announced major e-commerce enhancements to the company's website www.con-way.com. Company officials also announced two new customer reports were also added to the site. Shippers who are registered on the site can now receive, upon request, shipment price quotes based on the negotiated pricing agreement between the company and CON-WAY. Registered users can also access two new reports from the business summary reports section. The first report is a listing of the top 20 vendors who most frequently ship inbound freight to the customer's company and the top 20 customers who most frequently receive outbound freight. The second report is a lane analysis report that ranks shipment volume by origin or destination. "Each of the new features brings real benefit to our customers as they conduct business with us," said Bryan Millican, executive vice president, sales and marketing. "The customer-specific rating program will provide our registered customers with highly accurate data that can be utilized in their logistics planning. In addition, the availability of this company-specific pricing information will allow our customers to present final delivery costs to their customers. The reports showing shipping patterns can be a new logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet tool for our customers. As an example, the information will allow performance evaluations of vendors who provide the same materials. The new volume reports will help customers better identify freight flow trends and improve shipment scheduling," added Millican. "Over the next ten to twelve months we expect to see the financial benefits of e-commerce enhancements like these become a very compelling reason for more of our customers to initiate bill transactions through our web site," said Millican. The new information features were described by CON-WAY as "practical e-commerce." The CON-WAY site was recently recognized as the top LTL LTL - Linear Temporal Logic carrier e-commerce site in a survey of shippers conducted by Morgan Stanley
Con-Way Transportation Services is a $1.9 billion transportation company that provides time-definite and day-definite freight delivery and logistics services for commercial and industrial businesses. Within the CON-WAY family are regional less-than-truckload carriers Con-Way Central Express, Con-Way Southern Express, Con-Way Western Express and Con-Way Canada Express; Con-Way Truckload Services, providing multi-modal, full truckload shipping; Con-Way NOW, an expedited carrier specializing in emergency shipment service; and Con-Way Integrated Services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. , a contract supply chain execution service provider. CON-WAY is a subsidiary of Palo Alto, California-based CNF a $5.6 billion management company of global supply chain services with businesses in regional trucking, air freight, ocean freight, customs brokerage, global logistics management and trailer manufacturing. Further information about CON-WAY and additional press releases are available via the Internet at www.con-way.com |
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