The Internet transportation market and technology provider just announced it has signed up The Quaker Oats Co. as a customer for its online transportation market. Chicago-based Quaker Oats is a near $5 billion-a-year food supplier with brands such as Gatorade; Quaker cereals and snacks; Rice-A-Roni, PastaRoni and Near East side dishes; and Aunt Jemima mixes and syrup.
Other recent Logistics.com press releases celebrate places on the Computerworld's “Top 100 Emerging Companies to Watch in 2001,” Forbes’ “Best of the Web: B2B," InternetWeek’s 100 and the Inter@ctive Week 500. Logistics.com claims to have handled more than $6 billion in transportation services, generating projected sales revenue of $9 million for the year 2000.
Perhaps best of all, according to sources close to the company, Logistics.com will shortly announce a new round of investment financing, the kind of backing that has all but dried up for so many Internet ventures.
Logistics.com is considered one of the most likely survivors in the current fight for market share and profitability among Internet transportation markets.