SOURCE: GT Nexus, Inc.

October 30, 2006 06:00 ET

Schenker Upgrades Ocean Carrier Connectivity on GT Nexus Global Logistics Portal

Data Management Platform to Power Schenker North America's Supply Chain Visibility Systems

ALAMEDA, CA -- (MARKET WIRE) -- October 30, 2006 --GT Nexus announced today that Schenker, one of the world's leading providers of integrated logistics services, will connect its systems to GT Nexus to manage standardized shipment status messages and booking confirmations. The first phase of the project involves containers moving on Schenker's behalf to and from the United States and Canada.

The GT Nexus data management service is a central component to this project. Unlike traditional Value Added Networks (VANs) that simply store and forward unimproved data feeds between systems, GT Nexus will enrich and normalize the data it receives from carriers before passing it on to Schenker.

Schenker runs several customer-facing systems that will consume the higher quality shipment status information facilitated by GT Nexus data quality management programs. The result will be superior container visibility for Schenker customers and better internal control of the company's ocean container flows. The system will roll out for Schenker's North American operations during the fourth quarter of this year.

"Visibility is a strategic differentiator in our business," said Arnold da Silva, head of ocean freight product management for Schenker in the Americas. "This new capability enhances our existing technology investments and allows us to give our customers the shipment information they need to run their operations."

"Poor global logistics data quality is too complex for any one customer to solve," said Greg Johnsen, EVP of Sales and Marketing at GT Nexus. "The solution lies in a shared platform like GT Nexus where all customers share a common set of integrations and data management processes." Once a data quality issue has been resolved, that intelligence is applied to any customers that might encounter the same problem in the future. The data management systems get smarter and better with time.

"Data quality is the number one challenge in global logistics technology," da Silva added. "GT Nexus capabilities are a key component in our strategy to provide best-in-class supply chain visibility for our customers."

About GT Nexus

GT Nexus runs the world's only industry-backed, on-demand global logistics portal. Today, over 40,000 registered users, from over 15,000 organizations, use a range of capabilities over the portal to control, optimize and manage the flow of goods and information from order to delivery, worldwide. GT Nexus is backed by a consortium of leading ocean carriers and serves as a transaction hub for the ocean transportation industry. To learn more, visit www.gtnexus.com

About Schenker

Worldwide, Schenker and BAX Global are joining forces to become the industry's leading logistics powerhouse. The joint organization has a team of about 50,000 experts at 1,500 locations in 150 countries. Together Schenker and BAX are now the world's No. 1 source for European land transportation, No. 2 for global airfreight, No. 3 resource for global seafreight, No. 6 for global contract logistics and No. 3 for North American integrated heavy freight. (www.baxgoesschenker.com)

With annual sales of 8.9 billion euros, 42,000 employees and about 1,100 offices around the world, Schenker is one of the world's leading providers of integrated logistics services, offering land operations, air and sea freight as well as comprehensive logistics solutions and global supply chain management from a single source. Schenker is a part of DB Logistics, the Transportation and Logistics Division of Deutsche Bahn AG. (www.schenker.com)

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