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COMPANY OVERVIEW. COMPANY DESCRIPTION: Logistics.com is a net market maker in the $1 trillion global transportation industry. Working with shippers and transportation providers across all modes worldwide,
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COMPANY OVERVIEW • COMPANY DESCRIPTION: • Logistics.com is a net market maker in the $1 trillion • global transportation industry. Working withshippers and transportation providers across allmodes worldwide, • Logistics.com drives inefficienciesout of the entire transportation process and attemptsto increase the profitability of all players through itsdigital transportation marketplace (DTM) and itsdecision-support software tools for both buyers andsellers of transportation services.
BUSINESS MODEL • DESCRIPTION: • ‧ Transaction fee • ‧ Subscription fee • ‧ Software/license fee
HISTORY • YEAR FOUNDED: 2000 through acquisition. Originallyfounded in 1988 under the name PTCG, Inc. • NUMBER OF EMPLOYEES: 135
CUSTOMERS J.B. Hunt, M.S. Carriers, Procter & Gamble, Kraft, Colgate-Palmolive, Ford Motor Company, Sears Logistics Services,Yellow Freight,CSX, Clorox,Bridgestone, Firestone, BASF, GeorgiaPacific, International Paper
COMPETITORS • i2 • Manugistics • Celarix
STRATEGIC ALLIANCES • N/A No strategic alliances until recently: • Logistics aligns with Commerce one to provide its DIGITAL TRANSPORTATION MARKETPLACE™via next next generation commerce ONE.NET™. The ARTICLE
MANAGEMENT TEAM AND PRIOR EXPERIENCE CEO— Dr. Yossi Sheffi; (Professor & Director • Center Transportation Studies MIT, founder • LogiCorp, PTCG, Syncra, and eChemicals) President— Gregg Borgeson; (CEO, • QuoteShip.com; CEO Hellman North America) Managing Director/COO— John Lanigan; • (COO, Schneider National)
Managing Director/Technologyand Production • Strategy— Carl Drisko; (Dir. Tech. CSC Corp.) • OUTSIDE DIRECTORS: • Mark Lotke, ICG • Bill Haskell, ICG • Bob Pohlen, ICG
KEY OPERATING METRICS COMPANY-DEFINED OPERATINGMETRICS: $6 billion total auction volume More than 100 shippers and carriers 55,000 trucks using optimization analysis per day • — representing $31 billion in freight per year. 2.4 million transactions per year— representing • $1.7 billion in freight.
FINANCING HISTORY • FINANCING STATUS: Initial funding of $30 million in January 2000 • INVESTORS: Internet Capital Group