OrderPro Logistics Sees Benefits from Transportation Industry Trends.Business Editors/High-Tech Writers TUCSON, Ariz.--(BUSINESS WIRE)--Jan. 26, 2004 OrderPro Logistics (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :OPLO) increased penetration in trucking and rail sectors are supported by the transportation industry up swing as reported by the Bureau of Transportation Statistics The Bureau of Transportation Statistics (BTS), as part of the United States Department of Transportation, compiles, analyzes, and makes accessible information on the nation's transportation systems; collects information on intermodal transportation and other areas as needed; and . The Bureau of Transportation Statistics, (BTS BTS - Bug Tracking System ), has indicated an increase of 24.5% or $1.3 trillion dollars of trucking's share of all goods moved from 1997 to 2002, as reported in the January 5, 2004 issue of Transport Topics, a leading industry periodical periodical, a publication that is issued regularly. It is distinguished from the newspaper in format in that its pages are smaller and are usually bound, and it is published at weekly, monthly, quarterly, or other intervals, rather than daily. . Preliminary findings from its Commodity Flow Survey also indicate railroad tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. increased 17.2%, to 1.8 billion tons over the same period. This economic census captures trends in the transportation industry and reports on the results in 5-year increments. 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. Jeffrey Smuda, President/COO of OrderPro Logistics, "These findings are significant and consistent with our expansion and growth plans in the trucking and rail sectors. Our current transportation units will have added focus on the trucking/rail industries as part of our growth strategy in FY2004 and certain of OPLO'S targeted acquisitions contain strong trucking and rail service bases. OrderPro's target revenues, in terms of a percentage of growth for the OPLO transportation units, should far exceed the industry norm and we see these projections as perfectly valid within our business model. Not only do we see our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" opportunities expanding at our current transportation units but also a very big upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar from our targeted acquisitions before year end. Key components of our increased market penetration will be manufacturing and trans-border inter-modal shipments where we can fully utilize all of OrderPro Logistics over-the-road and inter-modal resources in conjunction with our OrderPro(TM) proprietary software." About OrderPro Logistics, Inc. OrderPro Logistics, Inc. is a customer-oriented provider of innovative and cost-effective logistics solutions for companies that ship products, as well as for freight carriers. To provide cost-effective and efficient delivery, OrderPro Logistics created proprietary web-enabled software to manage all transport/shipping processes, maximize inbound- outbound savings, and complete real-time 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 services. With expertise and experience in transportation, logistics management, computer/Internet technology, and a philosophy of performance-based customer reward systems, OrderPro Logistics has proven that transportation brokerage/logistics management can be successful in a competitive marketplace. With a team of highly capable and experienced employees, the company works across functional lines to maximize efficiency and provide exceptional service to customers. See www.orderprologistics.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This release contains forward -looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and are subject to numerous known and unknown risks and uncertainties, which could cause the company's actual results to differ materially from those as indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and should review the company's SEC filings. |
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