DOWNERS GROVE, IL – The NTE Public Exchange had its strongest month ever in June as shipment tenders via the company’s public marketplace grew by 15 percent over the previous month. Tenders in the second quarter ended June 30 rose by 40 percent compared to the previous quarter.

“The opportunity to book freight quickly and easily through NTE has never been better,” said Jim Matt, NTE vice president of sales, operations and customer support. “Carriers now have visibility to hundreds of shipments daily through NTE. With a sluggish economy and the traditional summer slowdown in transportation services, NTE offers an efficient and potentially fruitful means for carriers to fill capacity.”

For higher revenue producing truckload (TL) freight, tenders rose 25 percent over the previous month and 70 percent compared to the first quarter. Today, about two-thirds of all freight tendered through the NTE Exchange is for TL shipments, which earn carriers about $1.05 per mile on average and travel an average distance of about 825 miles.

NTE attributed the surge in tenders to growing acceptance by both carriers and shippers of Internet-based, electronic-commerce solutions. In the past quarter, more than 60 shippers joined NTE’s member-based transportation community as a forum to efficiently tender and move shipments.

NTE also announced new search capabilities to make it easier for carriers to book shipments. At www.nte.com, carriers now can identify loads nationwide by rate per mile, pickup or delivery data, distance or total revenue. Previously they had to search state-by-state. “It now takes less than a minute to find and book shipments online,” Matt explained.

The NTE Public Exchange is a real-time, member-based trading platform that brings shippers and carriers together into a central, online marketplace to collaborate and transact. Today, thousands of member companies use the Exchange to buy, sell and manage freight transportation efficiently, cost-effectively and reliably. NTE also offers a suite of transportation services that enable companies to create custom-designed marketplaces for better supply chain performance and control

About NTE: As the pioneer in online logistics, NTE (www.nte.com) offers technology-enabled solutions that improve supply chain efficiency in transportation management. Thousands of companies across America rely on NTE for transportation event management, visibility, planning and execution. Through NTE, they improve their decision-making capabilities, reduce costs, increase revenue opportunities and improve customer satisfaction. Its customers include Toshiba International Corp., Honeywell, Weyerhaeuser, Dal-Tile, Verizon, Schneider National and Covenant Transport.

# # #