Logistics.com, Inc., Names John Lanigan President and COO; Former Schneider National COO Now Leading Operations At Logistics.com.Business Editors BURLINGTON, Mass.--(BUSINESS WIRE)--March 7, 2000 John P. Lanigan, Jr., former chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Schneider National Schneider National, Inc. is the largest privately owned truckload carrier based out of Green Bay, Wisconsin. The company was founded in 1935. The company is the third-largest of all trucking & logistics companies in the United States based on annual revenue. , Inc., has been named president and chief operating officer of Logistics.com(TM), the leading provider of information technology and electronic commerce solutions for the transportation and logistics industries. Lanigan, 44, who began work at Logistics.com on Monday, March 6, 2000, is responsible for the operations of Logistics.com's four business lines: multi-attribute auction systems, shipper SHIPPER. One who ships or puts goods on board of a vessel, to be carried to another place during her voyage. In general, the shipper is bound to pay for the hire of the vessel, or the freight of the goods. 1 Bouv. Inst. n. 1030. transportation management, carrier decision support systems, and the Digital Transportation Marketplace(TM)(DTM DTM dermatophyte test medium. ). Lanigan brings extensive transportation and logistics experience to Logistics.com. In his 16 years at Schneider National, North America's largest truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno transportation and logistics company with more than $3 billion in annual revenue, Lanigan held several critical positions. Most recently, as chief operating officer, he was responsible for sales, customer service, and operations for all transportation and logistics services offered by Schneider National. Prior to his tenure as COO, Lanigan led the dedicated transportation services group. Through his leadership efforts, Lanigan built the group into a $350 million business -- making it the fastest growing and most profitable segment at Schneider National. Before joining Schneider National, Lanigan spent more than six years on active duty in the U.S. Coast Guard. During his career, he held five command assignments, including leadership of a port security unit that deployed to Operation Desert Storm Noun 1. Operation Desert Storm - the United States and its allies defeated Iraq in a ground war that lasted 100 hours (1991) Gulf War, Persian Gulf War - a war fought between Iraq and a coalition led by the United States that freed Kuwait from Iraqi invaders; . In 1997, he retired from the Coast Guard Reserve at the rank of commander. Lanigan arrives at Logistics.com at a time when the newly formed company is blending forward-thinking Internet technology with a proven track record of success through its existing suite of established transportation optimization-based decision and support products. "Logistics.com is the thought and market leader in transportation solutions for shippers, carriers, and third parties," said Lanigan. "This company has the right combination of people, products, and technology to continue delivering innovation to the industry. I'm excited about the opportunity to lead this dynamic company and to be a part of Logistics.com's continued success." Dr. Yossi Sheffi, chief executive officer of Logistics.com, said Lanigan will be a valuable asset to the company. "John's leadership and experience at Schneider National will strengthen our ability to offer the most comprehensive products and services for our clients," said Sheffi. "John brings to the table an extensive understanding of both shipper and carrier operations -- making him an ideal person to lead Logistics.com's effort to create a collaborative Digital Transportation Marketplace connecting carriers and shippers." Lanigan received a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree with honors in management science from the U.S. Coast Guard in New London New London, city (1990 pop. 24,540), New London co., SE Conn., on the Thames River near its mouth on Long Island Sound; laid out 1646 by John Winthrop, inc. 1784. , Conn., and a master of business administration degree from Baldwin-Wallace College Baldwin-Wallace College is a member of the Ohio Athletic Conference including Mount Union College, Capital University, Heidelberg College, John Carroll University, Marietta College, Muskingum College, Ohio Northern University, Otterbein College, and Wilmington College. in Berea, Ohio Berea is a city in Cuyahoga County in the U.S. state of Ohio, and is a suburb of Cleveland. It is pronounced "Behr-EE-ah." The population was 18,970 at the 2000 census. It was established in 1836 and named after the biblical Berea. . He was active in civic and community affairs in the Green Bay, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. ., area, and served on the executive board of the Wisconsin Committee for Employer Support of the Guard and Reserve. Logistics.com, Inc., an Internet-based company, is a leading provider of multi-attribute auction systems and decision-support products and services. Based in Burlington, Mass., the company has received funding, strategic guidance, and operational support from Internet Capital Group (Nasdaq: ICGE), an Internet holding company actively engaged in business-to-business e-commerce. Logistics.com's revolutionary OptiBid(TM) system enables shippers to create multi-attribute, combinatorial contract auctions, allowing carriers to bid aggressively without compromising their margins. More than $5 billion in transportation contracts have been bid to date with OptiBid by industry leaders such as Ford Motor Company, Wal-Mart, K-Mart, and 24 other leading companies. Using OptiBid, these companies were able to cut their transportation expenditures while providing better solutions to their carrier partners. Logistics.com's Digital Transportation Marketplace will bring shippers and carriers together in an independent communications and trading environment for both contractual and spot procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. . Using the DTM, shippers and carriers will be able to interact with each other, bid competitively for both spot and contractual capacity, and track and trace shipments in real time. For more information, visit the company Web site at www.logistics.com. Note for media: Logistics.com, Inc., will host an audio teleconference for news media at 4 p.m. EST P.M. also p.m. or p.m. abbr. post meridiem Usage Note: By definition, 12 a.m. on Thursday, March 9, 2000. To participate, dial into conference bridge number 888-810-6804 and enter pass code 11542. For more information, please call Brian Kruse at 816/512-2298. |
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