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PaperExchange with Schenker to Provide International Logistics Services

Tuesday, January 02, 2001

Press release from the issuing company

BOSTON, MA, -- PaperExchange.com, the global eMarketplace and business solutions provider for the pulp and paper industry, today announced a partnership with Schenker, a leading international integrated logistics services company, to provide PaperExchangeSM customers with instant access to European freight services. The partnership further expands PaperExchange’s offering by helping members transport product between countries more dependably and seamlessly, eliminating a primary concern of international buyers and sellers of pulp and paper. The partnership will provide PaperExchange customers with the ability to obtain origin-to-destination logistic quotes, allowing members to complete all parts of the transaction process online. Schenker will offer PaperExchange customers a comprehensive forwarding and logistics service at competitive rates. PaperExchange will also provide an overview of all services offered by Schenker on its site, as well as the ability to request and execute logistics quotes via a direct link to the Schenker Web site. The agreement complements PaperExchange’s standing alliance with C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), North America’s largest provider of multimodal transportation services and logistics solutions. The Schenker relationship further completes a globally integrated offering, providing immediate added value to PaperExchange’s international members.




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