Trucking Technology Report - May 24
 |  |
Both the online report and e-mail are sponsored by @Track Communications, a supplier of wireless communications and dispatch services.
Today's Technology Headlines:
- U.S. Readies Asia-Based Trade Portal
- Descartes Narrows Loss
- Optum Bags J.C. Penney, Navy
- Use of Internet Saves Shipment Data Costs
- ADTS Launches Driver Safety Training Solution on CD-ROM
- Use of Internet Saves Shipment Data Costs
U.S. Readies Asia-Based Trade Portal
The U.S. Department of Commerce plans to establish a global Internet portal in the Philippines in an effort to increase trade and improve logistics. According to Jerry Mitchell, acting director-general of the U.S. Commercial Service, an arm of the Commerce Department, the Asian version of BuyUSA.com will be launched in Manila as a result of growing bilateral trade and investment ties. The portal will allow U.S. exporters to accumulate company and product information, arrange live or virtual meetings with suppliers, shop for payment and financing options, and complete shipping and insurance arrangements.The Philippines site will be followed by ones in Japan, South Korea, Taiwan, Australia, and other countries in the region. In a separate deal, a Chinese and American partnership formed the itdn.quoteforum.com site, which the companies predict could generate trades opportunities worth $2.5 billion annually for small- and medium-sized companies. Journal of Commerce Online (05/23/01); Bangsberg, P.T.
A NAME="story2">
Descartes Narrows Loss
Descartes cut its first-quarter 2002 losses nearly in half from one year ago, posting a loss of $12.3 million against last year's $23.5 million and reporting an operating profit of $4.5 million for the current quarter, versus a $2 million loss from operations one year ago. The company also saw a 73% increase in revenue, to $23.4 million. While the company is still operating at a loss, its losses have been substantially reduced in the past year and more than half came from losses on long-term investments.Descartes recently acquired new software technology from NeoModal in an effort to expand its supply chain management offerings to include ocean transportation products. In recent months, the firm has also attracted the logistics technology firm Genistic, the pharmacy chain CVS, and the Swedish furniture firm IKEA as new clients. Journal of Commerce Online (05/23/01); Atkinson, Helen
A NAME="story3">
Optum Bags J.C. Penney, Navy
Optum, a White Plains, N.Y.-based supply chain management software company, reports that JPC Logistics, an affiliate of J.C. Penney is now using its Move warehouse management software. The software was recently enhanced by the addition of a parcel facility that will integrate with Optum's WebShip product, an Internet-based system that connects networks shippers with carriers and allows for the automatic production of documentations and labels.Optum recently added a wireless feature to the TradeStream software that manages inventory and order fulfillment, enabling employees to monitor real-time inventory activity. Another new Optum customer is Nexcom, the U.S. Navy Exchange Service Command, which is now using WebShip in addition to Move WMS. Journal of Commerce Online (05/23/01); Atkinson, Helen
A NAME="story4">
Use of Internet Saves Shipment Data Costs
Overnite Transportation has implemented MyOvernite, an Internet-based tool, to reduce shipment information distribution expenses. Previously, Overnite employees sent 180,000 pages of data via fax per month, spent many hours searching for missing pages and re-faxing them, and the information often did not contain what the customers needed.The new system allows customers to view in report form online all the available information on their shipments. Overnite also plans to start using InterGis' Visual Control Room routing and scheduling system, hoping to reduce mileage, fuel costs, and travel time by about 25%. Commercial Career Journal (05/01) Vol. 158, No. 5, P. 20; Desmond, Parry
ADTS Launches Driver Safety Training Solution on CD-ROM
A new driver safety training solution has been developed by Advanced Driver Training Services, Inc. Delivered via a CD-ROM, the "Principles of Safe Driving" program enables fleet companies to efficiently and economically provide driver safety training.The program includes critical advice on safe driving habits, including proper use of the eyes, use of escape routes, following distances, and ways to minimize road distractions. "Principles of Safe Driving" also comes with a test to evaluate the driver's retention of the information and has a built-in progress tracking system. Fleet Equipment (05/01) Vol. 27, No. 5, P. 42
A href="https://www.ttnews.com/members/topNews/0007309.html">Previous Trucking Technology Report
© copyright 2001 INFORMATION, INC. Terms of Service
| ||||
