Digital Freight and Cleartrack Team to Deliver Turn-Key e-Logistics Solution; Collaborative Solution Streamlines RFQ and Supply Chain Processes.Business Editors/Technology Writers BRENTWOOD, Tenn.--(BUSINESS WIRE)--Nov. 7, 2001 Digital Freight(TM), the premier provider of Net-native transportation management tools and Cleartrack Information Network, Inc., a proven supply chain event management firm, today announced a strategic partnership to provide an online comprehensive solution for transportation procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , freight management and visibility from users' desktops. The Digital Freight-Cleartrack combined solution will allow global shippers to more effectively manage the transportation procurement bidding process and monitor shipments from end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. while providing proactive event and alert notifications throughout the shipment's cycle. Digital Freight's DigitalRFQ(TM), in conjunction with Cleartrack's Hawk hawk, name generally applied to the smaller members of the Accipitridae, a heterogeneous family of diurnal birds of prey, such as the eagle, the kite, the Old World vulture, and the secretary bird. Next Generation Visibility(TM) will enable shippers to dramatically reduce their overall transportation costs and associated overhead by: -- Gaining access to pre-qualified regional and national carriers -- Negotiating competitive rates based on performance and capacity -- Managing higher volumes of on-line RFQs with the ability to address seasonal and/or specific requirements -- Streamlining and shortening the RFQ process through e-procurement applications designed specifically for logistics -- Using historical rate and capacity shipping data to renegotiate favorable contracts with top providers -- Helping carriers easily identify strategic routes and profitable lanes -- Providing real time shipment information that includes contract terms and conditions -- Sending immediate alert notifications about a shipment's status -- Providing management and measurement tools to improve decision-making and evaluate supply chain performance The Digital Freight Marketplace is an interactive Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the community with powerful on-line tools, including DigitalRFQ, which helps reduce the traditional 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) (request-for-quotation) process from months to days. With Cleartrack's Hawk Visibility, businesses can monitor, manage and evaluate their supply chain allowing them to measure impact and make decisions with confidence. Together, these solutions optimize optimize - optimisation the selection of carriers by simultaneously considering a variety of criteria including cost, capacity and performance, and ensure fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. , by proactively managing the movement of freight across all modes and around the globe. Shippers and 3PLs can consolidate and optimize shipments, obtain true marketplace pricing, and collaboratively improve communications with carriers and partners through a secure, cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). model. "The synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. between our products offer customers complete management of the entire shipping process," said Harry Allan IV, chief executive officer and founder of Cleartrack. "Pre-shipment contract rates are captured from Digital Freight's DigitalRFQ product and incorporated into our visibility capabilities for real time shipment information that includes contract terms and conditions." "Our partnership with Cleartrack delivers a comprehensive online supply chain management solution that will enable shippers, 3PLS and carriers to leverage the Internet to provide superior service at the best market price," said Robert Jackson Robert Jackson may refer to:
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Digital Freight. Pricing and Availability DigitalRFQ and Hawk Visibility are both currently available as separate products from their respective companies. General availability (GA) for the integrated solution is expected Q2 2002. Current Digital Freight and Cleartrack customers should contact their local sales representative with any questions related to this announcement. About Digital Freight Digital Freight is the premier provider of Web-based logistics tools in a multi-modal, global transportation marketplace where users conduct online, real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. bids. Its flagship offering, DigitalRFQ(TM), is the best request-for-quote tool available across a variety of transportation modes. Digital Freight provides a transportation community that delivers web-based solutions for both shippers and carriers. The Digital Freight Marketplace adds value to both shippers and carriers, achieving a more efficient and profitable community for all. Digital Freight is privately held with headquarters in Lexington, KY. For additional information, visit www.digitalfreight.com or call 877/722-9911. About Cleartrack Information Network, Inc. Cleartrack Information Network Inc. is a proven supply chain event management (SCEM SCEM Supply Chain Event Management SCEM Scanning Electron Microscope SCEM Société Canadienne des Éleveurs de Moutons (Ottowa, Ontario, Canada) SCEM Survivability Cost Estimating Model ) service for companies with national and multinational shipping needs. Cleartrack's product, Hawk Next Generation Visibility(TM) monitors shipments with real-time visibility, sends immediate alert notifications about a shipment's status, allows decision-makers to assess shipment problems on an exception basis, change action, and measure a supply chain's performance, all in one secure location. Hawk Visibility enables businesses to monitor, manage and evaluate their supply chain from beginning to end, resulting in operating efficiencies and demonstrated cost savings. Cleartrack's Application Service Provider (ASP) model is easy to implement and provides a quick return on investment. For additional information, visit www.cleartrack.com or call 877/377-4400. Digital Freight and DigitalRFQ are trademarks of Digital Freight, Inc. All other product and brand names are registered trademarks or trademarks of their respective owners. |
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