May 30, 2001
Industry Leaders Form Integres Global Logistics to Transform Heavy Freight Shipping Industry with Time-Guaranteed and Affordable Delivery.
United Airlines, American Airlines, Roadway Express, Unisys Corporation, G-Log, and UTi Worldwide Inc. Form Strategic Equity Partnership To Expedite Heavy Freight Delivery.
RANCHO CORDOVA, CA (May 30, 2001) - Integres officials announced the formation of Integres Global Logistics, Inc., a groundbreaking venture designed to transform the $50 billion domestic expedited and international heavy freight transportation industry. Combining the capabilities of some of the largest names in the transportation industry - United Airlines (NYSE:UAL), American Airlines (NYSE:AMR), Roadway Express, (Nasdaq: ROAD), and UTi Worldwide Inc. (Nasdaq: UTIW) - Integres is the first company to provide an end-to-end integrated freight service that uses Web-based portal and other technologies to revolutionize the delivery of freight. The Integres solution will integrate strategic transportation providers with leading-edge transportation management technology from Unisys Corporation (NYSE: UIS) and G-Log. As a result of this venture, shippers can now compete in the New Economy with predictable, time definite and affordable service and transportation providers can meet shipper demands with this break-through new service.
The freight industry is characterized by fragmented providers, limited services, and no end-to-end solution, making the process expensive and prone to errors. In addition, customer expectations for speed and reliability continue to rise, spurred by the digital economy. Integres brings extraordinary value to small and medium sized shippers by providing global access, competitive prices, and web based logistical support to easily and conveniently schedule shipments. In addition, Integres brings value to transportation providers by extending their product lines and providing complete logistics management through the Integres turnkey solution. Integres links all transportation partner order management and back office systems, allowing them to conduct business electronically and reach more customers. The Integres solution benefits all transportation providers, affiliates and customers through more efficient communication, ease of se, and reduced errors.
"The cargo industry is experiencing a rapid evolution," said James Hartigan, president and CEO of Integres. "Businesses are increasingly looking for shipping solutions that leverage the benefits of e-commerce while protecting margins and enhancing their existing relationships. Integres levels the playing field by helping our partners and affiliates compete for, and win, in the full-service global cargo market."
Hartigan, an industry veteran, was formerly the vice president of United Airlines Cargo. He has spent 35 years in the transportation industry, and has assembled a team of seasoned executives from top logistics and freight forwarding companies.
"Shippers are looking for a full range of expedited services and e-commerce enabled business solutions. Integres offers us the opportunity to broaden our expedited domestic and international service offerings for current customers," said Mike Wickham, chairman and chief executive officer of Roadway Express. "It will do so through a product line that provides access to the world's leading cargo carriers and freight movers. Additionally, with Roadway Express serving as Intregres' primary North American ground carrier, we will have a new channel to additional market and business development opportunities."
"We are eager to embark on the formation of this new venture, Integres Global Logistics, " said Doug Hacker, executive vice president and chief financial officer of United Airlines and president of United NewVentures. "By bringing together leading industry technology from G-Log and Unisys, along with the partnership of asset-based carriers, such as United, American and Roadway, as well as a leading freight forwarder, UTi, we will be able to offer a superior product to small and medium sized shippers with a higher level of service and competitive pricing in this market."
"Our e-commerce strategy supports the exploration of a number of electronic platforms for doing business with our customers. We believe that an electronic market in airfreight is inevitable, and are pleased to announce our participation in Integres", said Dave Brooks, president of AA Cargo. "Integres will provide a breakthrough in service never before possible for the small and medium sized shipper who can gain web access to integrated transportation services from the industry's top providers."
Integres strategic partners, United Airlines and American Airlines, provide access to a broad worldwide combination passenger/cargo network. Roadway Express is the primary less-than-truckload partner, providing sales support and operational fulfillment. G-Log provides access to its transportation management systems (TMS), and Unisys provides access to its backend freight operations systems along with integration and hosting services for all Integres systems. UTi Worldwide Inc., a global logistics service provider and customs broker, is the international partner. Integres will allow its partners and affiliates to compete with integrators via instant access to critical logistics management resources, including dynamic pricing, routing and tracking information, reporting, payment and claims processing.
About United Airlines
United Cargo offers nearly 2,400 flights a day to 134 destinations in 27 countries and two U.S. territories. The company accommodates shippers' needs worldwide using its cargo-friendly fleet of widebody aircraft including 44 Boeing 747s, 48 Boeing 777s and 54 Boeing 767s. In addition, United Cargo continues to invest in products, technology and services, such as TD.Guaranteed, e-commerce enhancements (unitedcargo.com and unitedsameday.com), new facilities and bar-code scanning to meet the ever-changing needs of the shipping community. United is the largest cargo carrier among combination passenger/cargo carriers in the United States, flying more than 3.1 billion cargo-ton miles in 2000. For more information, visit www.unitedcargo.com
About American Airlines
American Airlines (NYSE: AMR) is the largest scheduled air carrier in the world today, offering cargo service on virtually every flight it operates. With 4,592 daily departures, American Airlines Cargo provides one of the most comprehensive worldwide cargo networks in the industry. American Airlines continues to expand both its domestic and worldwide network and is rapidly adding 777 aircraft to its growing widebody fleet. AACargo is implementing new industry-leading technology, products, facilities and customer service designed to provide customers with the latest tools to do business more efficiently. For more information,www.aa.com/cargo.
About Roadway Express, Inc.
Roadways Express, Inc. (Nasdaq: ROAD) is a leading transporter of industrial and commercial goods with a variety of innovative services designed to meet customer needs. Roadway, an ISO 9002 certified carrier, provides seamless service between all 50 states, Canada, Mexico and Puerto Rico and export services to 66 countries. The company is dedicated to being the most reliable, responsive, efficient-and-safe-carrier in the industry. For more information, www.roadway.com
About Unisys Corporation
Unisys is an e-business solutions company whose 37,000 employees help customers in 100 countries apply information technology to seize opportunities and overcome challenges of the Internet economy. Unisys people integrate and deliver the solutions, services, platforms and network infrastructure required by business and government to transform their organizations for success in this new era. The company offers a rich portfolio of Unisys e-@ction Solutions for e-business based on its expertise in vertical industry solutions, network services, outsourcing, systems integration and multivendor support, coupled with enterprise-class server and related technologies. The primary vertical markets Unisys serves worldwide include financial services, transportation, communications, publishing and commercial sectors, as well as the public sector, including federal government customers. Unisys freight systems process over 36 percent of the freight movements (shipments) carried globally on an annual basis, and Unisys transportation solutions handle cargo managed by 85 percent of the traditional cargo carriers. Unisys is headquartered in Blue Bell, Pennsylvania, in the Greater Philadelphia area. For more information, visit www.unisys.com Investor information can be found at www.unisys.com/investor.
G-Log is the leading provider of Internet-based collaborative Global Enterprise Transportation (GET) software for manufacturers, distributors, retailers, third-party logistics providers, net market exchanges, and logistics portals. G-Log solutions are designed to improve customer service, decrease transportation costs, reduce risk of failed delivery, improve visibility and control, and enable superior decision support. For more information, www.glog.com
About UTi Worldwide Inc.
UTi Worldwide (Nasdaq: UTIW) is a global, non-asset based supply chain management business, providing logistics, planning and optimization solutions for its customers. The company's services encompass freight forwarding, customs brokerage and warehousing, including the coordination of shipping and the storage of raw materials, supplies, components and finished goods. Through its supply chain planning and optimization services, UTi assists clients in designing and implementing systems that improve predictability and visibility and reduce supply chain costs. For more information, www.go2uti.com
About Integres Global Logistics, Inc.
Integres Global Logistics is an integrated air freight and logistics service provider that combines the assets and experience of world-class transportation carriers with the power of Internet technology to offer small and medium sized shippers a single source solution for multi-modal shipment of heavy freight. For more information, www.integres.com
|Contact:|| Mary Thomson |
Integres Global Logistics
+1 (916) 859-2520