SOURCE: GT Nexus, Inc.

May 03, 2005 10:00 ET

Flagship and GT Nexus to Integrate Services

Initiative Will Provide Freight Forwarders and NVOCCs With Transportation Industry's Most Comprehensive Electronic Filing Service With Ship Lines, U.S. and Canada Customs

ALAMEDA, CA and SILVER SPRING, MD -- (MARKET WIRE) -- May 3, 2005 -- GT Nexus and Flagship Customs Services announced today an agreement to integrate their respective platforms, launching a range of automated, electronic shipment document and regulatory filing services that will be among the most efficient and comprehensive in the global trade industry.

Flagship operates the largest certified U.S. Customs Service Center with over 600 NVOCCs and freight forwarders using the system to file import and export trade data with U.S. and Canada Customs. GT Nexus is a provider of hosted software and services for global logistics management and operates the GTN Portal, the leading Web platform for ocean transportation with over 15,000 registered users.

The initiative will create a single-source offering that can be utilized by global trade participants as an "on-demand" service. The program allows freight forwarders, NVOCCs and ocean carriers to simultaneously automate the transmission of AMS (Automated Manifest System) and ACI (Advanced Commercial Information) filings, respectively to U.S. and Canadian Customs, and the bill of lading transaction with the shipping line.

By combining their services, the two companies attack a global trade problem where business and regulatory processes have been inefficiently managed as separate work streams. The typical two-step process today:

--  Business transaction:  Freight forwarders and NVOCCs "book" their
    freight and then submit bill of lading instructions to the ocean carrier
    with all the shipment details.  Using the GTN Portal as a common
    transaction platform, the information moves electronically into the back-
    office systems of the vessel operators, from which the vessel operator
    creates the bill of lading document.
    
--  Regulatory filing: The forwarder or NVOCC prepares a house bill of
    lading with the detailed cargo information to meet regulatory filing
    requirements for import shipments. This is submitted through the Flagship
    Service Center, where it is received electronically by the required Customs
    system in the U.S. or Canada.
    
Integrated approach streamlines, simplifies global trade processes

With the new Flagship/GT Nexus offering, a single transaction initiated by a customer in either system can be used to accomplish both business and regulatory tasks -- with no re-keying of data. For example:

--  A freight forwarder or NVOCC using the GTN Portal to book cargo and
    submit bill of lading instructions electronically with ocean carriers, will
    be able to automatically generate the necessary regulatory filing (house
    bill of lading) and submit it to Customs AMS or ACI, through the
    integration with Flagship's Import2000 service.
    
--  Freight forwarders or NVOCCs using Flagship's Import2000 service to
    submit their regulatory filings (house bill of lading) to Customs AMS or
    ACI will be able to automatically generate and send an electronic bill of
    lading instruction to the ocean carrier, through the integration with the
    GTN Portal.
    
In both examples, the activities are performed as a single operation, using common data entered once into the originating system. Benefits include elimination of fees and charges from manual processing, faster and more efficient filing of shipping documents and trade data submissions, improved productivity and better data integrity, thereby reducing exposure to potential Customs penalties from filing errors.

"This integrated single source approach ensures maximum convenience, speed and quality of data between the NVOCC, the ocean carrier and Customs," said Robert Foley, president of Flagship. "We leverage the massive connectivity of our two networks to connect shippers, intermediaries and ocean carriers with major regulatory agencies in ways that will drive new and lasting benefits to every constituent." Flagship also operates AESDirect, the U.S. Census Bureau's online service for electronic filing of shipper's export declarations, which has over 30,000 registered companies.

John Urban, president of GT Nexus, noted as well that the combination will enable both companies' customers to maximize their technology investments. "The new service complements and expands the process automation tools we offer the industry today. We're responding to our customers, who demand that we continually improve our services with new tools that increase the productivity of their global trade operations."

ABOUT GT NEXUS -- GT Nexus is the leading provider of hosted, on-demand software and services for global logistics and supply chain execution. Founded in 1998, the company provides integrated technology that enables enterprises and their partners to control, optimize and manage the flow of goods and information through a single Web platform, from order point to final delivery, anywhere around the globe. GT Nexus solutions span and link three critical logistics functions: multi-modal transportation management, global supply chain visibility, and performance management. GT Nexus technology also powers GTN -- the world's leading portal for the ocean transportation industry. Backed by a consortium of global shipping lines based in Europe, Asia and the Americas, GTN represents some 50% of the worldwide market for containerized cargo. For more about Alameda, California-based GT Nexus, visit us at www.gtnexus.com

ABOUT FLAGSHIP CUSTOMS SERVICES -- Flagship Customs Services (FCS) operates the largest certified U.S. Customs Service Center in North America. The company delivers electronic gateway service access to the Customs AES (Export2000) and AMS (Import2000), and related EDI Services, for wide range of enterprises, service providers and intermediaries. FCS has a proven track record of providing and maintaining electronic links of the highest quality to U.S. and Canadian Customs both as provider of software and services. Our products and services are proven in practice and include all the latest capabilities required and available from US Customs including the AMS - Paperless inbond program, AMS - Paperless Manifest program, and AES - Manifest filing, AES SED filing. FCS Gateway Services use the latest Internet, Intranet, NT and Unix technologies to deliver service. For more information about FCS, visit us at www.tradegate2000.com.

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