Transit Group Launches Logistics Exchange

May 4, 2000

SHARING TOOLS        | Print Subscribe
Transit Group, Inc. Atlanta, has launched a new B2B Internet portal to link agents, trucking companies and shippers.
Transit Group president Philip A. Belyew said allows buyers and sellers to know the supply and demand conditions of the marketplace, creating a more efficient flow of freight and allowing more efficient use of available capacity.
The initial phase of centers on domestic and international loadsharing services as well as agency opportunities, including agent sign-up and privileges. This phase will be developed around existing agent relationships, which in 1999 provided $64 million in revenue for Transit Group and today's run rate is approximately $175 million. Belyew said the company believes it can increase this source of revenue significantly with the addition of new agents through the portal.
A full rollout of and its complementary services is expected in late summer 2000.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



The expert, Mark Betner from CITGO, will answer your questions

View All



The expert, Rence Oliphant from Hendrickson, will answer your questions

View All