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05-04-2001 |
Tradiant, the leading provider of Internet technology for the global transportation industry becomes GT Nexus and Launches Integrated Products
Tradiant, the leading provider of Internet technology for the global transportation industry, is now GT Nexus.
GT Nexus brings together a technology leader and some of the world's largest ocean carriers in a unique partnership. Formerly code-named GTN, the partnership is dedicated to simplifying and standardizing the complex processes of global transportation. Today, GT Nexus launches its solutions connecting customers with all partner carriers.
"The new name was chosen to emphasize the global nature of our business and the connections we build to link partners across the industry, securely and confidentially," said Aaron Sasson, Chairman and CEO of GT Nexus.
In other news, three additional carriers - Crowley Liner Services, CSAV and Wan Hai - have joined the nine announced in December 2000: APL, CP Ships, Hanjin, Hyundai, K Line, Mitsui O.S.K. Lines, Senator Lines, Yang Ming and Zim Israel Navigation Company in World's Largest Ocean Transportation Technology Partnership.The carriers collectively own a minority equity stake in GT Nexus.
GT Nexus also announced today two broad product lines addressing transportation planning and execution, the Global Planning SeriesT and the Global Execution SeriesT.
The Global Planning Series addresses the lifecycle of transportation planning for large importers and exporters worldwide.
Modules in the series include:
News and Information - Provides real-time decision support through industry news, sailing schedules, regulatory guides, maps, currency tables and more Rates - Streamlines the rate request and response process.
Contracts - Enables collaboration between shippers and their service providers to manage their contracts online and track amendments and mutual commitments.
Forecasts - Optimizes planning efforts by streamlining the creation and distribution of cargo forecasts across commodities, shipping lanes and carriers.
Allocations - Ensures optimal freight distribution across providers, in full compliance with active contracts .
The Global Execution Series simplifies and standardizes, across multiple service providers, the transactional processes involved in the movement of containerized freight from origin to destination.
Execution modules include:
Booking - Provides a single interface to support the submission, modification, confirmation and cancellation of bookings.
Documentation - Streamlines the creation and management of bills of lading (BLs) and other trade-related documents.
Visibility - Provides real-time shipment tracking and status information Reports - Enables performance reporting and analysis across all execution processes
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