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BestTransport Announces Strategic Relationship with ICG Commerce

New Strategic Partnership Expands Distribution, Further Maximizing Transportation Savings and Driving Greater Service Levels from Logistics Providers

COLUMBUS, June 7, 2005-BestTransport, Inc., a leading provider of on-demand Transportation Management Systems (TMS), today announces a new strategic relationship with ICG Commerce, a leading procurement services provider based in Philadelphia. ICG Commerce is incorporating BestTransport's TMS into its enhanced logistics sourcing and management offering.

"With rising freight costs and carrier shortages, more organizations are seeking services that address these issues," said Mark Shary, BestTransport CEO. "By leveraging BestTransport's on-demand TMS, ICG Commerce is able to extend the benefits of their proven capabilities in transportation procurement and management into higher levels of compliance with processes and greater levels of continuous savings."

Building upon its sourcing experience that includes working with over 60 global logistics customers across a wide range of industries, ICG Commerce was looking for a powerful TMS solution for its customers. "We did a formal evaluation of over a dozen TMS solutions and found BestTransport to be the most adaptable and user-oriented," said Paul Svindland, director of ICG Commerce's transportation and logistics program. "BestTransport's network of 3,000 shippers and carriers plus over 1,300 origin points brings a breadth of industry intelligence that other providers do not have. "

This newly created partnership enables ICG Commerce to enhance its category management offering with a TMS tool that improves ongoing cost management performance. ICG Commerce is unique in being able to offer a full-service strategic sourcing and management solution to maximize its customers' freight- savings and transportation service-level initiatives. "Partnering with ICG Commerce is a real win for our mutual clients," said Shary. "ICG Commerce's deep category expertise in transportation positions them well to maximize the benefits of automated processes, increased visibility, and performance metrics available through our technology. This will result in greater ongoing cost reductions and service increases for customers. "

"This is also great news for our existing customers. By expanding our market footprint through ICG Commerce's large prospect and customer base, members of the BestTransport can expect an increasingly valuable resource of transportation partners," said Shary.


About BestTransport
BestTransport, Inc. is a leading provider of online transportation management solutions (TMS), an on-demand service that enables shippers and carriers to efficiently plan, execute and settle inbound and outbound freight activities using best practices. The company's TMS offering enhances freight visibility, delivers metrics to benchmark progress, reduces transportation costs and facilitates collaboration. BestTransport connects to over 3,000 shippers and carriers and processes thousands of shipments daily for industry leaders in North America, including Alcoa, Allegheny and Bull Moose Tube. Because there is no software to purchase or licensing commitments, members pay only for the value received. For more information, visit www.BestTransport.com or contact Trisha McClain at 614.888.2378, Ext. 203.

About ICG Commerce, Inc.
ICG Commerce (www.icgcommerce.com) is a leading Procurement Services Provider exclusively focused on helping companies buy more effectively and efficiently in order to reduce costs significantly and continuously. The company offers an unmatched combination of process and category expertise and hosted technology to deliver Sourcing, Purchase-to-Pay Automation and Outsourcing Services. ICG Commerce Inc., a privately held company founded in 1992, is a member of Internet Capital Group's (Nasdaq: ICGE) network of partner companies and has been honored as one of Forbes' 'Best of the Web: B2B', UPSIDE Magazine's 'Hot 100' and as an iSource 100 company.

 

 



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