Electronic Freight Exchange and Document Management Industries Association Join Forces to Promote Open Transportation Exchange.Business Editors/High-Tech Writers EL DORADO El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. HILLS, Calif.--(BUSINESS WIRE)--May 8, 2000 New Internet-Based Transportation Management Platform Lowers Shipping Costs and Increases Operating Efficiencies for Manufacturers and Distributors Electronic Freight Exchange A freight exchange is an online, real time service where hauliers search for freight (eg. for a backload) and freight forwarders offer freight to be transported. What a freight exchange does today announced a strategic alliance with the Document Management Industries Association (DMIA DMIA Document Management Industries Association DMIA Diosdado Macapagal International Airport (Philippines) DMIA Des Moines, Iowa ) to jointly promote EFXit!, the company's new Web-based multi-modal transportation management platform, to manufacturers and distributors in the document management industry. The alliance signals a key milestone in the realization of an open marketplace for transportation that will support one-stop convenience for rate shopping, freight auctions with bids from multiple carriers, online shipping and tracking with all carriers, and 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. advanced shipment notices from suppliers. DMIA President Peter Colaianni sees the association's alliance with EFXit! as an integral step in providing his members with the best resources available to help them stay competitive in their industry. "EFXit! presents our members with important solutions in 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 by offering them the best shipping rates available and the operating efficiency that gives them the competitive advantage they need to excel in the marketplace, " said Colaianni. "We've invested more than 10 years in developing an Internet-based transportation management platform that leverages the Internet to attack the estimated $500 billion waste that results from inefficiencies in the transportation industry. Our breakthrough solution, EFXit!, reduces the 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. costs of any shipment, of any size, shipping via any transportation mode to any destination worldwide," said Keith LaBotz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of Electronic Freight Exchange. "We are proud to provide DMIA members with the first open marketplace for transportation where all parties can minimize their costs and integrate logistics processes in real-time." About Document Management Industries Association (DMIA) DMIA has served forms, business printing and document management professionals for more than 50 years. The primary mission of DMIA is to increase the knowledge and professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. of its members--distributors and manufacturers of business forms, labels and tags, commercial printing, promotional products, direct mail packages, envelopes and other types of business systems. About Electronic Freight Exchange Electronic Freight Exchange (EFX EFX Effects (as in motion picture special effects; sometimes just FX) EFX Elite Force Xtreme (gaming) EFX Elliptical Fitness Crosstrainer EFX Expeditionary Force Experiment ) is the architect of EFXit!, the first Internet-based, free market freight exchange. Through strategic alliances with leading trade associations and dozens of transportation carriers, EFX has established itself as the preferred online freight exchange. For more information, please visit www.efxit.com or call 888/414-4EFX. Note to Editors: EFXit! is a trademark of Electronic Freight Exchange Corp. All other trademarks or registered trademarks are the property of their respective holders. |
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