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Transite Technology Offers Low-Cost, High-Feature2009 Continental Neutral Rate Base

Wednesday, January 7, 2009

RALEIGH, NC — Transite Technology, a leading provider of logistic and shipping cost-management software and services, has released the latest version of its Continental rate base. Continental is a neutral LTL rate base for North American NMFC class-based shipping with an effective date of 1-1-2009.

“Continental is the only neutral rate base that is a true shipper rate base for pricing and bidding freight,” said Geoff Comrie, CEO of Transite. “Its rates have never been influenced by carriers. No other company can bring this level of neutrality to the bidding and pricing of freight.”

Transite’s Continental is strategically positioned to compete against two products widely used today--CzarLite,and MARS 500.

“Another major difference is what you get for the money,” said Comrie. “Continental has obvious big advantages in rates and technology; it’s less expensive and has friendlier licensing terms. For example, at a single standard price that’s lower than our competitors, Continental delivers five and six digit zipcode and postal code accuracy with no extra cost for rates for Canada. Plus, the rating program is more advanced with capabilities used by shippers and carriers such as batch rating and analysis.”

To attract shippers, brokers, and logistics companies, Transite is offering a “two for one” promotion: Until April 1, 2009 all customers who purchase Continental 2009 may get the Continental 2010 version (effective date 1-1-2010) at no charge.

Transite’s aggressive positioning of its Continental neutral rate base continues momentum built in the last quarter of 2009. In the last three months, Transite has signed agreements to broaden sales to SAP enterprise clients; introduced a joint venture company, Innova, that targets brokers and shippers in the less-than-truckload market; and has continued to make technology advancements that expand the company’s market.

“We’re very optimistic about 2009 as we continue to deliver the industry’s best combination of technologies and services,” said Comrie. “And, we’re being very bullish in the expansion of our market footprint as the world economy puts pressure on shippers to minimize costs and increase the efficiency of their business processes.”

About Transite Technology
Founded in 2002, Transite products and services enable companies like Samsonite, Pergo, and GE to streamline processes and reduce the cost of shipping outbound, inbound, and third-party freight. Transite’s products and managed services ensure the least-cost mode and carrier for every order while increasing management and customer service by providing visibility of the entire lifecycle of the shipping process. www.transite.com

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