Transportation.com's Auction Draws a Community Ready for the Internet; Transportation.com's Auction Surpasses Company's Expectations.Business Editors OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan.--(BUSINESS WIRE)--Sept. 21, 2000 Transportation.com(TM), the 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 transportation marketplace providing broad-based broad-based Of or relating to an index or average that provides a good representation of the overall market. The S&P 500 and NYSE Composite are generally regarded as broad-based stock indexes, while the popular Dow Jones Industrial Average is biased products, services and information for shippers and carriers, introduced a transportation equipment auction on their June 30th launch that is generating significant customer activity. Averaging 500 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. a day, Transportation.com's auction has sold nearly 600 items, including trucks, trailers, forklifts and other transportation equipment. The auction site allows buyers to follow the availability of preferred equipment, establish a price range, raise bids automatically up to a maximum preset preset Cardiac pacing A parameter of a pacemaker that is programmed permanently when manufactured amount, track the bidding history and complete the purchase online. Auction sellers can sell to the entire Transportation.com buying community, or to a private group of preferred buyers. The site currently offers bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. auctions, with equipment inventory posted on the site in advance of each auction, allowing buyers ample opportunity to review equipment and contemplate bidding strategies. Bidders can also contact sellers electronically to verify (1) To prove the correctness of data. (2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. equipment information. Upcoming auctions are scheduled for September 25-27, October 9-11 and October 23-25, followed by auctions Monday through Wednesday through the end of the year. For one active Transportation.com buyer, learning to use a computer was the first step. "I invested in a computer knowing that our industry is moving toward Internet auctions," said Joey Joey after Joseph Grimaldi, famous 19th-century clown. [Am. Hist.: Espy, 45] See : Clowns Flowers of Joey's Truck Sales Inc. in Montrose, Colo. "I have purchased forty trailers on Transportation.com's site. Converting my auction purchases to their site has proven profitable for my business. The site provides a lot of equipment information that makes my buying decisions easier." Don Smith of Smith Equipment & Welding welding, process for joining separate pieces of metal in a continuous metallic bond. Cold-pressure welding is accomplished by the application of high pressure at room temperature; forge welding (forging) is done by means of hammering, with the addition of heat. in Prineville, Ore., burns the midnight oil on his home computer clicking through Transportation.com's auction site. "When I'm away from the office, I have the time to study equipment listings," affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. Smith. "There aren't any phone calls or interruptions. Because Transportation.com's auction site is available 24/7, I can log on at 3 a.m. if I can't sleep and review equipment details or monitor my bids. It's incredibly convenient." "We are very pleased with the amount of auction activity on our site," said James D. Ritchie, president and chief executive officer of Transportation.com. "These bimonthly auctions are just the beginning. As our customer community grows, we expect to see increased variety and selection of industry equipment available for sale. We will soon launch a classified advertisement service on our site, giving our customers even more options for equipment acquisition and disposal." For more details on Transportation.com's auction services visit www.transportation.com. Free memberships through the end of the calendar year are still available for those registering prior to September 30, 2000. About Transportation.com Established in February 2000, Transportation.com (www.transportation.com) is the Internet transportation marketplace providing broad-based products, services and information for shippers and carriers. The company is funded by Yellow Corp. (Nasdaq: YELL), TL Ventures, an institutional venture capital firm, and Enertech Capital Partners, a private equity firm. Transportation.com's headquarters is in Irvine Calif., and its technology center is in Overland Park, Kan. |
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