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Nextjet Technologies Chosen by Menlo Worldwide Expedite!
Menlo Worldwide Expedite! Will Offer Customers Nextjet Technologies’ Route Optimization, Web Booking and Shipment Visibility Tools
DALLAS, Texas (Sept. 19, 2002) – Menlo Worldwide Expedite!, a subsidiary of CNF Inc. (NYSE: CNF) that offers urgent transportation services under the Menlo WorldwideSM brand, has announced it will supplement its existing technology platforms with Nextjet Technologies applications. In the current challenging economic environment, companies are increasingly choosing a supply chain services partner based on its ability to use technology to achieve greater operational efficiency and supply chain visibility. After a thorough search of available options, Menlo Expedite! will incorporate Nextjet technology into its new eXMS operating system to achieve these objectives.
David S. Quin, president and chief executive officer of Menlo Worldwide Expedite!, said, “Because Nextjet began as an expedited transportation provider itself, its technology has achieved a level of refinement and efficiency in its applications that is of real value to us. Whether designing and building our own software or partnering with software vendors, we always look for this kind of real-world expertise and applicability.”
“Industry leaders such as Menlo Worldwide Expedite! gain that leadership by being able to provide very high service levels and state of the art capabilities,” said Joseph Lane, Co-CEO of Nextjet Technologies. ”By deploying the Nextjet Technologies’ applications, Menlo Worldwide Expedite! will have an integrated, web-services platform with route optimization and shipment visibility tools that will enable it to meet its customers’ increasingly high expectations.”
The customers of Menlo Worldwide Expedite! will have access to the new features in early 2003 and the company anticipates cost savings through reduced transportation expenses and the automation of workflow that accompanies every shipment moving through its systems. In general, Nextjet Technologies predicts 10-15 percent operating expense reductions for providers of logistics services that deploy its applications.
Technology developed by Nextjet Technologies uses sophisticated routing algorithms to ensure that customers consistently meet their service level commitments while minimizing their transportation costs. The system manages all quote to delivery activities across multi-modal combinations, providing customers with web-booking, event-level shipment updates by email or phone, and high levels of reliability.
About Nextjet Technologies
NextJet Technologies, the value leader in the global web-services logistics marketplace, addresses key supply chain management objectives including lowered transportation expenses, reduced inventory carrying costs, and improved visibility.
Nextjet Technologies web-native, J2EE applications enable its clients to increase the productivity of their transportation and logistics operations while improving on-time reliability. Nextjet Technologies systems have been deployed by third party logistics firms, logistics service providers, and in-house logistics groups to manage the full set of time-definite, multi-modal shipments, including service parts.
Nextjet Technologies applications offer unparalleled real-time, end-to-end execution, basing each shipment off precise, optimized routings, plus a user-friendly, highly automated workflow that monitors exceptions in shipment progress against schedule. Nextjet Technologies Solutions clients include United Airlines, American Airlines, Southwest Airlines, Air Cargo, Inc. and CNF Inc. For more information on Nextjet Technologies, visit www.nextjet.com.
About Menlo Worldwide Expedite!
Menlo Worldwide Expedite!, headquartered in Overland Park, Kan., provides door-to-door air and ground emergency shipment services including the use of dedicated air charters worldwide. It is one of the independent, affiliated providers of supply chain services under the Menlo Worldwide brand. These companies employ 12,000 people and provide global supply chain services including air freight, ocean freight, global logistics, trade services and project management in more than 200 countries. Menlo Worldwide is based in Redwood City, Calif. and is a business segment of CNF, a $4.9 billion management company of global supply chain services that also has businesses in regional trucking and trailer manufacturing. Information about these companies can be found on the Internet at www.cnf.com and www.menloworldwide.com.
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Transportation Management