myFreightWorld Technologies Awarded Contract to Supply Enterprise Software to Schneider National
February 11 2011 - 9:15AM
Marketwired
myFreightWorld Technologies Inc. (PINKSHEETS: MYFT) announced today
it was awarded a contract from Schneider National, a premier
provider of transportation, logistics and intermodal services with
$3.7 Billion in annual sales, to provide its suite of enterprise
transportation execution and Web-based logistics management tools.
As a vendor, MYFT was selected to help support Schneider Nationals
plans to further expand their LTL (Less-than-Truckload) client base
as well as offer MYFT's value-added capabilities to its existing
clients. Schneider National's LTL freight under management
currently exceeds $700 Million.
"A contract from Schneider National is a tremendous win for the
Company and puts us in a strong position for growth in 2011," said
myFreightWorld CEO J Michael Head. "Schneider National serves over
two-thirds of all Fortune 500 companies. With this contract, MYFT
is further demonstrating its ability to offer innovative solutions
that meet the demands of large-scale business."
Mark Hebden, chief operating officer and president of
myFreightWorld's CMD (Client Management Division) Operating unit,
said, "With our powerful suite of products and full-service,
back-office support, Schneider National can focus on the critical
areas of account management and logistics strategy without getting
bogged down in the operational minutia of transaction execution and
documentation. Our strength of transportation knowledge, connected
with our cloud computing and operating systems, ultimately helped
us win this contract despite some very intense competition and long
negotiations."
About Schneider National
Schneider National, Inc. is a premier provider of truckload,
logistics and intermodal services. Serving more than two-thirds of
the FORTUNE 500 companies, Schneider National offers the broadest
portfolio of services in the industry. The company's transportation
and logistics solutions include Van Truckload, Dedicated, Regional,
Tanker, Intermodal, Transportation Management, Supply Chain
Management, Warehousing and International Logistics services.
Headquartered in Green Bay, Wis., Schneider National has
provided expert transportation and logistics solutions for 75
years. A $3.7 billion company with over 21,000 employees, Schneider
National conducts business in more than 28 countries worldwide. For
more information about Schneider National, visit
www.schneider.com.
About myFreightWorld Technologies Inc.
myFreightWorld Technologies Inc. is a business services firm
that specializes in providing technology, transportation and supply
chain management services to third party logistics managers (3PLs)
and transportation intermediaries (TIs), primarily in the United
States. Leveraging its proprietary Web-based software platform, the
Company provides its 3PL and Motor Carrier customers with a
customer relationship management (CRM) information pipeline that
provides complete visibility to shippers, consignees and other
interested parties of shipments during the entire Shipment Life
Cycle. Demonstrating its commitment to the environment, MYFT is a
member of the U.S. EPA SmartWay Transportation Partnership. For
more information, see www.myfreightworld.com.
myFreightWorld's vision is to realize shareholder value and
wealth through monetization of its projects and potential
discoveries through partnerships with significant players with
ready capital and production expertise. The matters set forth in
this press release may contain forward-looking statements regarding
myFreightWorld and its business within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements speak only as of the date on
which they are made and myFreightWorld undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
Statements are subject to risks and uncertainties that may cause
actual results to differ materially. These risks are detailed from
time to time in the company's periodic reports filed with the OTC
Pinksheets including the company's Annual Report, Quarterly Reports
and other periodic filings.
CONTACT: J. Michael Head CEO myFreightWorld Technologies Inc.
www.myfreightworld.com 1-877-549-9438 Email Contact
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