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EAST RUTHERFORD, NJ, May 19, 2003, Amber Road, a leader in tariff and contract management solutions for the ocean transportation industry, today announced that ABX Logistics (www.abxlogistics.com), among the world's top ten providers of logistics services, has chosen Rate Explorer to streamline its US operations through automated contract management. ABX Logistics (USA) will use Rate Explorer to improve its buy-side cost management and increase its margins through faster, more accurate price quotes.
Jens Tubbesing, President of ABX Logistics (USA), said, "ABX Logistics delivers superior and consistent levels of process quality by successfully leveraging information technology. Contract management, however, was always one of the most difficult processes to automate until we discovered Rate Explorer." He continued, "Rate Explorer is the buy-side foundation for our business that allows us to better manage our costs and go-to-market with sell-side pricing that is aligned with our target margins."
Rate Explorer will be used throughout ABX Logistics import and export operations to accurately calculate bottom-line charges across 30 contracts. Over 100 ABX Logistics employees in the US will have centralized access to contracts with up-to-date amendments, including visibility to forward-filed charges. In this way, contracts will be efficiently integrated with ABX quoting, booking and freight audit processes to improve productivity and speed response. In addition, ABX pricing analysts will use Rate Explorer to accurately identify alternative service options and develop pricing that better supports their margin objectives.
President and COO of Amber Road, John Preuninger, said, "We welcome the opportunity to assist ABX Logistics by automating their contracts and realizing improvements in their buy-side and sell-side processes. Rate Explorer is a proven, enterprise-class solution that will enable ABX Logistics to achieve their objectives to contain costs and react faster to market opportunities."
About ABX Logistics
ABX Logistics, among the world's top 10 providers of logistics services currently operates in over 35 countries, specializing in road freight transport, railroad transport, air and sea freight and contract logistics. ABX LOGISTICS companies across the world play a major role in international freight. For more information about ABX LOGISTICS, visit the web site at www.abxlogistics.com or contact: Andrea K. Bommers, ABX LOGISTICS Communications Manager Asia Pacific & Americas, +65-65483-693.
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