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CarrierPoint Launches Dynamic Shipping MarketplaceSM at International Intermodal Expo

ATLANTA, GA, April 14, 2000 /CarrierPoint/

CarrierPoint, a business-to-business electronic commerce company where shippers and carriers meet to fulfill less-than-truckload (LTL) and full truckload shipments, is launching its Dynamic Shipping MarketplaceSM (DSMSM) today at the International Intermodal Expo in Atlanta. DSM can be accessed at the company’s Web site at www.carrierpoint.com.

The launch of CarrierPoint’s DSM will allow shippers and carriers to conduct business directly with each another in a real-time, highly efficient environment. The company’s offering will also include a robust data warehouse that will allow shippers and carriers to effectively and comprehensively manage their reporting and decision support processes. In addition, the site will offer web-based RFQ for long-term contracts and portal services including financial services, truck permits, fuel permits, maps, alerts, chat rooms and periodicals.

"The launch of CarrierPoint’s Dynamic Shipping Marketplace will change the way the trucking industry operates", said Brian Kinsey, president and chief executive officer of CarrierPoint. "By bringing shippers and carriers together to negotiate loads in a real time environment, transactions will take place in a fraction of the time and with considerably fewer errors."

In addition to the launch of DSM, CarrierPoint is hosting a super panel of transportation industry experts at the conference to discuss how B2B e-commerce exchanges will impact the freight transportation industry. The discussion will be moderated by Brian Kinsey, president and CEO of CarrierPoint. The expert panel will include:

  • Dave Weinstein, partner, Andersen Consulting’s logistics strategy practice
  • Doug Rockel, lead transportation analyst, ING Barings
  • Neil Thall, executive vice president, Manhattan Associates
  • Tom Grojean, president, Grojean Transportation
  • Scott Irvine, director of eCommerce, Canadian National Railway

The event will take place today at the Georgia World Congress Center, Meeting Room E-306, at 4 p.m. A cocktail reception will follow the industry panel discussion. CarrierPoint’s executive staff will be on hand to answer questions and to assist with the site demonstration.

"By bringing together experts on all sides of the freight transportation business, we hope to have a robust discussion on how the industry is going to evolve in the world of electronic commerce," said John Thomson, executive vice president and co-founder of CarrierPoint. "The International Intermodal Expo seemed like the perfect venue for such a discussion and a great place to launch our Dynamic Shipping Marketplace."

CarrierPoint is significantly differentiated from its online competition in that it offers a balanced value proposition to both shippers and carriers. By negotiating loads in a real time environment, shippers will enjoy true marketplace pricing and substantial process improvements. Carriers will be able to improve asset utilization and reduce empty miles. In addition, unlike auction sites, CarrierPoint is a multi-variant exchange where price is one of several factors in deciding which carrier will move a shipper’s freight. Other factors include a carrier’s safety rating, cargo claims and on-time delivery record.

CarrierPoint, Inc., based in Atlanta, Ga., is an Internet company committed to creating an open marketplace where shippers and carriers can meet to fulfill truckload and less-than-truckload shipments. Through the use of electronic commerce and advanced communications technology, CarrierPoint’s mission is to improve the efficiency and effectiveness of freight shippers and carriers by creating a virtual community and marketplace that facilitates a real-time market for open shipments in the trucking industry. Additional information on CarrierPoint can be found on its web site at www.carrierpoint.com.

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