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CarrierPoint Extends Cradle-to-Grave Web-Based Transportation Technology Offering.


Business Editors

ATLANTA--(BUSINESS WIRE)--Aug. 28, 2002

Rating Engine and Electronic Request-for-Quote round out

CarrierPoint's offering to 3PLs, shippers, carriers and brokers for

TL, LTL LTL - Linear Temporal Logic , Intermodal and rail transportation

CarrierPoint, a leading provider of transportation execution tools to the logistics industry, recently released their latest modules - AutoRate and eRFQ.

CarrierPoint's AutoRate, combined with their WebDispatch and DSM 1. DSM - Data Structure Manager.

An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output.
 products, provides a platform to support and guarantee carrier contract compliance, while completely automating the dispatch process. Shipments are automatically offered to carriers in least-cost order according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 service-based routing guides. Carriers are notified in order (over the Internet, and by e-mail, pager, or cell phone according to their preferences), with the carrier audience expanding over time until the load is covered. Exception conditions can be pre-configured to expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 coverage, such as offering the load simultaneously to a number of similarly priced carriers. Transportation managers can monitor coverage on-line, handling exceptions rather than finding carriers.

CarrierPoint has further enhanced the compliance management capabilities of its products by developing and fully integrating an easy-to-use, efficient tool for conducting web-based RFQs. System users define the RFQ RFQ Request For Quote
RFQ Request For Quotation
RFQ Request for Qualifications (part of a potential client's preliminary selection process)
RFQ Radio Frequency Quadrupole (accelerator technology) 
 response rules, design an approval process, enforce carrier compliance with bid formats, provides analysis of responses and efficiently presents lane bid and contract information. Perhaps most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent"
above all, most especially
, the eRFQ tool is integrated with CarrierPoint's execution tools to automatically update the rating engine and enforce compliance with automated rating and tendering business rules.

CarrierPoint's AutoRate and eRFQ tools now allow collection of spot-bid rates concurrently with contract dispatch for non-standard lanes, increases data collection accuracy, reduces labor associated with RFQ preparation, distribution, and analysis, enforces full compliance with routing guides, enables increased contract negotiation frequency, creates a highly repeatable process and feeds carrier rates to the execution process.

About CarrierPoint Inc.

Based in Atlanta, Georgia, CarrierPoint is a leading logistics software provider, supplying Web-based applications See Web application.  that allow shippers and carriers to communicate in real time. Through the use of electronic commerce, advanced communications and data warehousing See data warehouse.

data warehousing - data warehouse
 technology, CarrierPoint leverages the Internet to facilitate both contract and spot market shipments and to improve operating efficiencies. CarrierPoint's value-added logistics toolset is available in an ASP format or through licensing of the software. For more information about CarrierPoint, visit its Web site at www.carrierpoint.com or contact John Huggins John Huggins (February 11, 1945–January 17, 1969) was an American civil rights activist and leader in the Los Angeles chapter of the Black Panther Party. Biography  - 404.920.0637.
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Comment:CarrierPoint Extends Cradle-to-Grave Web-Based Transportation Technology Offering.
Publication:Business Wire
Date:Aug 28, 2002
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