More than 500 transport companies on the Transwide network

 

Transwide has reached a major milestone with now more than 500 transport companies actively using the Transwide transport execution solutions.


Dublin, Brussels, April 8th 2004, Transwide announces that more than 350 lead transportation providers and more than 150 subcontracted transport companies are now collaborating on the Transwide network.

The growth in the number of Transport companies has been the result of new shippers requesting Transwide to on-board their carrier base. "The aggregate market share of the 500 transport companies working on Transwide represent more than 20% of the European road industry" says Eric van den Bemden, Director Logistics Partnerships at Transwide. "Transwide now has transport companies from all major European countries".

Transwide has also witnessed a surging growth in the number of transportation companies requesting to have an integrated access. An integrated access enables transport companies to receive directly all transport information in their own IT systems, avoiding multiple manual entries and the possibilities of making errors. On average, transport companies start to measure the tangible benefits of an integrated access when they have more than 1,500 transport orders per year. This represents a trailing average of about 20 to 25% of the companies receiving transport orders via Transwide's collaborative hub.

In addition, transport companies who have on board computers and have an integrated access can share data from their on board computers in real time with their client shippers. This is viewed as a major step forward by transportation companies who can now not only use their on board computers for their own internal needs but also to provide immediate pro-active transport visibility to their customers.

Transport companies increasingly view Transwide as an important operational tool and are asking Transwide to disclose their name to shippers. Therefore Transwide has decided to publish the lists of the lead transport companies who are actively working on the transwide systems. A full list can be obtained by going to www.transwide.com.

ABOUT TRANSWIDE

Transwide is a pan-European transport execution solution provider and offers a suite of technology solutions to enable the electronic communication and visibility of transport orders, pick-up and delivery time slots, transport documents, waiting times, non-conformity or reservations, real time tracking, and electronic signatures. Transwide is a subsidiary of WoltersKluwer. Transwide serves carriers and shippers equally and does not have shippers or carriers in its shareholder base. For more information, please go to www.transwide.com

More information about the company can be found at http://www.transwide.com or click .

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