FedEx Supply Chain Services Has Selected and Successfully Deployed Mobitrac
CHICAGO--Sept. 12, 2005--Mobitrac Inc., the market-leading provider of a new generation of transportation execution systems, today announced that FedEx Supply Chain Service (FSCS), a FedEx Corp. company that provides supply-chain management solutions has selected and successfully deployed Mobitrac.Supporting FedEx's value proposition of people, service and profit, FedEx Supply Chain Services has been effectively using Mobitrac's patented technology to manage their fleets profitability and performance in real-time. Using Mobitrac, FedEx has real-time visibility and can plan profit-based routes, execute daily dispatches and adapt in real-time to dynamic changes in the field.
About Mobitrac (www.mobitrac.com)
Mobitrac is the first provider of a new generation of transportation execution systems, making it possible to manage fleet profitability in real-time. Mobitrac combines route optimization and asset management with the ability to make customer service driven adaptations to route plans in the face of real-world operating conditions. Mobitrac accomplishes this by leveraging patented technology to continually gather real-time location information and predictively model future positions of mobile assets. Using Mobitrac, fleet personnel can plan profit-based routes, execute daily dispatches and adapt in real-time to dynamic changes in the field. This ensures complete visibility, productivity, adaptability and profitability of fleet performance. The company's solutions are used by less-than truckload (LTL), private fleet, pickup & deliver (P&D), specialty and service fleet organizations. Founded in 2001 and based in Chicago, Mobitrac is privately owned and funded by U.S. Venture Partners, Frazier Technology Ventures, Arch Development Partners, Illinois Ventures, Illinois Finance Authority and Mentor Management.