Press Release Summary:
TRADEPAQ for Logistics generates complete sets of documents that will track shipments to their destination by delivering required electronic import/export, regulatory, transportation documents and commercial data. Other functions offered include compliance, settlement, license management and digital signature-based security. TRADEPAQ for Logistics aids in supply chain costs, error elimination, and wait-time for documents/receipts for payments.
Original Press Release:
TRADEPAQ for Logistics Provides Trade Chain Collaboration Solution for Logistics Services Providers
New Solution Designed To Meet the Logistics Execution Requirements for Global Commerce
NEW YORK - Dec. 11, 2001 - TRADEPAQ Corp., a leading provider of trade chain collaboration software for global commerce, announced today TRADEPAQ for Logistics, a new logistics execution solution designed for Third Party Logistics providers, freight forwarders, carriers, and other logistics service providers.
The new product generates a complete set of documents that will track a shipment to its destination by delivering electronic import/export, regulatory, transportation documents and the commercial data required for each transaction. The TRADEPAQ solution also offers the following functionality: compliance, settlement, license management, plus digital signature-based security.
TRADEPAQ for Logistics helps logistics service providers reduce supply chain costs, increase on-time deliveries by eliminating errors and wait-time for documents, and accelerate receipt of payments.
Warren Fisher, chief operating officer of TRADEPAQ said: "Shippers are looking for logistics services providers to meet their demands for trade collaboration and straight through processing for logistics execution, so they can improve supply chain efficiencies and reduce inventories. TRADEPAQ for Logistics enables logistics service providers to meet those demands and ship goods reliably, on time, at the lowest cost, and with minimal risk."
A leading logistics service provider, BDP International, Inc. is
incorporating TRADEPAQ for Logistics technology in one of their web-enabled customer service tool offerings.
"TRADEPAQ's technology supports our BDPData technology, by enabling the capacity to generate and deliver trade documents as total paperless transactions via the Internet," said Richard J. Bolte, Jr., president of BDP. "The productivity gains we expect to enjoy can help our customers stabilize supply chain costs, increase on-time deliveries by eliminating errors and wait-time for documents, and accelerate receipt of payments."