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Doug Grojean

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Freightquote.com Launches Ocean Services to Complete Progressive Agenda

Overland Park, KS
July 28, 2003
By expanding their business-to-business freight and logistics solution to include less-than-container ocean transport services, Freightquote.com (www.freightquote.com) now offers the first fully comprehensive, automated freight web site available to businesses located in the United States. The company's customers are able to obtain accurate quotes online as well as all necessary customs documentation and insurance to move goods, whether they have a small package going to a nearby town, or pallets going overseas.

Ocean container is the best service option for significant savings on international shipments, provided it's not time-sensitive," explains Joseph Whelan, Chief Operating and Finance Officer. "This addition completes our agenda to provide a one-stop resource for all modes of transportation. Looking back, I'm particularly proud that we have accomplished so much within our five years."

Ocean services will complement the state-of-the-art web tools already in use: less-than-truckload, truckload, domestic and international air freight, intermodal, local cartage, household goods, and small expedited parcel. Once the shipper establishes an account, he enters details including origin, destination, weight and class (or dimensions). The system returns with all the options available and allows carrier selection and scheduling. The site further simplifies shipping by providing automated freight documents, consolidated billing, and online record keeping.

When asked what's next for the company, Whelan adds, "We will continue improvements, whether it's expanding our carrier relationships and territories covered or providing advanced tools for frequent shippers." CEO, Tim Barton adds, "As a technology company, there will always be an agenda for advancements. The next focus may be on carrier tools or customization for large companies."

About Freightquote.com
Founded in August of '98, Freightquote.com provides a one-stop source to rate, schedule and track all types of freight, comparing numerous carriers in seconds. Freightquote.com has relationships with a broad range of national and regional carriers representing 350,000 tractors and trailers serving the United States, Canada, Mexico and 80 international destinations worldwide. The site was named among the "Best of the Web" in Forbes magazine and listed on Entrepreneur magazine's Hot 100 two years running. Investors include Morgan Stanley Dean Witter Private Equity, the private equity business of Morgan Stanley Dean Witter & Co. and Menlo Ventures. For more information, visit www.freightquote.com or call 1-888-595-6298.
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