United Shipping & Technology Selected By SwapIt To Manage Logistics.

Business/Technology Editors & Entertainment/Lifestyle Editors

MINNEAPOLIS--(BUSINESS WIRE)--April 19, 2000

US&T's Corporate Express Delivery Systems Subsidiary to Manage

Logistics Function for the First B2C Exchange Site

United Shipping & Technology (Nasdaq: USHP; US&T), the nation's largest same-day delivery and e-commerce logistics provider in North America, today announced that its subsidiary, Corporate Express Delivery Systems (CEDS), will provide scheduled delivery service, inventory control and local stocking for SwapIt, the first consumer-focused product exchange marketplace on the Web for previously owned CDs, DVDs and games.

As SwapIt's logistics agent, CEDS will expedite the shipment of CDs between SwapIt's customer base and SwapIt's centralized product warehousing and fulfillment center. CEDS will also manage the inventory control and local stocking of SwapIt's proprietary packaging. Initially, the service will be contained within the metro Boston area and will be expanded nationally later this year. SwapIt will be expanding its swapping services to include DVDs and video games in June of 2000.

SwapIt's Drop Boxes, which are similar to mail boxes, will be strategically placed on several local college campuses, including MIT and the University of Massachusetts at Boston. CEDS will be making scheduled sweeps to the Drop Boxes and forwarding all collected CDs to the SwapIt centralized product warehouse and fulfillment center in Des Plaines, IL, where the CDs will be credited to the customer's account.

"Given our unique approach to the swapping marketplace, it is essential that our transportation partner's capabilities match our corporate vision," said Kevin Wells, SwapIt's Chairman and Chief Marketing Officer. "Our objective was to work with a single logistics vendor across the country and Corporate Express Delivery Systems was the obvious choice, with a national infrastructure that is well-suited to our specific needs. We are pleased with the customized service program the CEDS team has developed for us. It allows us the flexibility we need to best serve our customers."

"We are very excited to be working with SwapIt," said Richard Herbert, Regional Business Development Director for CEDS. "Unlike many of our competitors in the B2C delivery arena, we have the technological base and national infrastructure that allows us to deliver a package when and where customers want it. We look forward to working with SwapIt as it expands its service across the United States."

About US&T

US&T is the largest national same-day delivery company and provides customized transportation services to key Fortune 500 companies and others across several vertical industries including: financial institutions; healthcare; petrochemical; computers and electronics; and e-commerce. Among the company's customers are Bank of America, Fleet Bank, McKesson Corporation, BP Amoco, Dow Chemical, and Maintenance Warehouse/Home Depot.

US&T is also the parent of IQK, the company's technology division. IQK manages US&T's proprietary lines of advanced technology for all aspects of shipping, including increased access and customer service via its interactive shipping and Internet document delivery system. i-Courier, the company's Internet based delivery service, offers customers low-cost alternatives to traditional document delivery services.

Already a leader in same-day e-commerce shipping, US&T's mission is to grow market share by providing a higher level of service and logistical support to customers through the use of advanced technology, while at the same time bringing a new dimension to interactive commerce and information retrieval. US&T is actively building partnerships and service relationships that support customers' e-commerce logistics needs, including fulfillment, warehousing, inventory control and customer support. For more information, visit the company's web site at www.u-s-t.com