Logistics.com Announces Airborne Express Has Selected New Automated Procurement Technology

Exceptions Management Technology Will Allow Airborne to Rapidly Acquire

Truckload Capacity During Surge Periods



Apr 23, 2001, 01:00 ET from Logistics.com, Inc.

    BURLINGTON, Mass., April 23 /PRNewswire Interactive News Release/ --
 Logistics.com, Inc., the leader in transportation procurement and management
 technology, today introduced OptiManage Capacity Finder.  Airborne Express
 (NYSE:   ABF) ( www.airborne.com ) will implement the product, a real-time
 collaborative solution that helps shippers rapidly acquire capacity from
 transport providers at contracted rates during surge periods.
     "Logistics.com's OptiManage Capacity Finder automates the difficult and
 time-intensive process of obtaining truckload capacity when demand surges,"
 said Joe Hete, president of ABX Air, Inc., the airline subsidiary of Airborne
 Express.  "This technology is expected to improve communication with our
 network of transport providers as well as give them visibility to all our
 unassigned loads, lowering costs and improving our transport provider
 relationships."
     OptiManage Capacity Finder automates the entire process of obtaining
 capacity during surge periods such as month-end, quarter-end and the fourth
 quarter holiday period by identifying shipments that cannot be moved by
 Airborne's primary transport provider, and then using a special web interface
 to simultaneously offer the shipment to multiple preferred transport
 providers.  Within minutes, OptiManage Capacity Finder collects transport
 providers' responses and determines the best carrier for each shipment,
 securing capacity at contracted rates.  Finally, OptiManage Capacity Finder
 can award the shipment to the transport providers using Airborne's
 transportation execution system.  Shipments are identified, assessed and
 awarded without any manual intervention.
     OptiManage Capacity Finder is part of Logistics.com's OptiManage solution,
 a comprehensive set of web-based modules that empower shippers to manage and
 execute their day-to-day transportation needs.  In addition to enabling
 companies to secure short-term transportation capacity more efficiently,
 OptiManage gives shippers unsurpassed control over the transportation
 resources in their supply chains.
     "We are pleased to expand our strong relationship with Airborne Express
 and announce the availability of OptiManage Capacity Finder, a breakthrough
 exceptions management technology and a natural addition to our OptiManage
 solution," said Joe Wagner, senior vice president sales, Logistics.com.  "With
 the introduction of OptiManage Capacity Finder, Logistics.com is continuing to
 deliver on its commitment to providing leading-edge solutions that enable
 collaboration between shippers and transport providers for an optimized supply
 chain."
     Airborne Express is a long-time Logistics.com customer, and the licensing
 of OptiManage Capacity Finder presents a significant revenue opportunity for
 Logistics.com.
 
     About Logistics.com
     Based in Burlington, Mass., Logistics.com empowers shippers and transport
 providers to efficiently buy, sell, manage and optimize transportation
 services over land, air and ocean.  The company's three offerings include
 OptiManage, an automation and optimization tool for daily, mission-critical
 shipper transportation processes; OptiYield, a management, analysis and
 procurement tool for transport providers; and OptiBid, a strategic procurement
 tool for shippers.  The company has received funding, strategic guidance and
 operational support from Internet Capital Group (Nasdaq: ICGE).  In July 2000,
 Forbes named Logistics.com as one of the most promising B2B companies in its
 "Best of the Web: B2B" edition; in addition, the company has been named to the
 Computerworld Top 100 Emerging Companies list, the InternetWeek 100 and the
 Inter@ctive Week 500.  For further information, visit the company website at
 www.logistics.com .
 
     About Airborne Express
     For more than 50 years, Airborne and its subsidiaries have served the
 shipping needs of business customers around the world.  Today, Airborne offers
 total distribution solutions by providing customers time-sensitive delivery of
 documents, letters, small packages, and freight to virtually every U.S. zip
 code and more than 200 countries.  Customers can select from a variety of
 services including same-day, next-morning, next-afternoon or second-day
 delivery, air express and freight, ocean service, and logistics management.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X42221437
 
 

SOURCE Logistics.com, Inc.
    BURLINGTON, Mass., April 23 /PRNewswire Interactive News Release/ --
 Logistics.com, Inc., the leader in transportation procurement and management
 technology, today introduced OptiManage Capacity Finder.  Airborne Express
 (NYSE:   ABF) ( www.airborne.com ) will implement the product, a real-time
 collaborative solution that helps shippers rapidly acquire capacity from
 transport providers at contracted rates during surge periods.
     "Logistics.com's OptiManage Capacity Finder automates the difficult and
 time-intensive process of obtaining truckload capacity when demand surges,"
 said Joe Hete, president of ABX Air, Inc., the airline subsidiary of Airborne
 Express.  "This technology is expected to improve communication with our
 network of transport providers as well as give them visibility to all our
 unassigned loads, lowering costs and improving our transport provider
 relationships."
     OptiManage Capacity Finder automates the entire process of obtaining
 capacity during surge periods such as month-end, quarter-end and the fourth
 quarter holiday period by identifying shipments that cannot be moved by
 Airborne's primary transport provider, and then using a special web interface
 to simultaneously offer the shipment to multiple preferred transport
 providers.  Within minutes, OptiManage Capacity Finder collects transport
 providers' responses and determines the best carrier for each shipment,
 securing capacity at contracted rates.  Finally, OptiManage Capacity Finder
 can award the shipment to the transport providers using Airborne's
 transportation execution system.  Shipments are identified, assessed and
 awarded without any manual intervention.
     OptiManage Capacity Finder is part of Logistics.com's OptiManage solution,
 a comprehensive set of web-based modules that empower shippers to manage and
 execute their day-to-day transportation needs.  In addition to enabling
 companies to secure short-term transportation capacity more efficiently,
 OptiManage gives shippers unsurpassed control over the transportation
 resources in their supply chains.
     "We are pleased to expand our strong relationship with Airborne Express
 and announce the availability of OptiManage Capacity Finder, a breakthrough
 exceptions management technology and a natural addition to our OptiManage
 solution," said Joe Wagner, senior vice president sales, Logistics.com.  "With
 the introduction of OptiManage Capacity Finder, Logistics.com is continuing to
 deliver on its commitment to providing leading-edge solutions that enable
 collaboration between shippers and transport providers for an optimized supply
 chain."
     Airborne Express is a long-time Logistics.com customer, and the licensing
 of OptiManage Capacity Finder presents a significant revenue opportunity for
 Logistics.com.
 
     About Logistics.com
     Based in Burlington, Mass., Logistics.com empowers shippers and transport
 providers to efficiently buy, sell, manage and optimize transportation
 services over land, air and ocean.  The company's three offerings include
 OptiManage, an automation and optimization tool for daily, mission-critical
 shipper transportation processes; OptiYield, a management, analysis and
 procurement tool for transport providers; and OptiBid, a strategic procurement
 tool for shippers.  The company has received funding, strategic guidance and
 operational support from Internet Capital Group (Nasdaq: ICGE).  In July 2000,
 Forbes named Logistics.com as one of the most promising B2B companies in its
 "Best of the Web: B2B" edition; in addition, the company has been named to the
 Computerworld Top 100 Emerging Companies list, the InternetWeek 100 and the
 Inter@ctive Week 500.  For further information, visit the company website at
 www.logistics.com .
 
     About Airborne Express
     For more than 50 years, Airborne and its subsidiaries have served the
 shipping needs of business customers around the world.  Today, Airborne offers
 total distribution solutions by providing customers time-sensitive delivery of
 documents, letters, small packages, and freight to virtually every U.S. zip
 code and more than 200 countries.  Customers can select from a variety of
 services including same-day, next-morning, next-afternoon or second-day
 delivery, air express and freight, ocean service, and logistics management.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X42221437
 
 SOURCE  Logistics.com, Inc.