Paccar.com invests in GoLogistics freight-matching site
BELLEVUE, Wash.– Paccar.com has made an equity investment in GoLogistics Inc., a leading provider of business-to-business (B2B) e-commerce solutions for matching the freight needs of shippers with less-than-load (LTL) carriers.
The service will allow shippers to purchase excess capacity on LTL carriers, based upon a “spot market” pricing program. GoLogistics matching has been operational since June.
ePaccar has also formed TruckXchange.com, a B2B global marketplace for goods and services in the estimated $450 billion commercial vehicle industry. TruckXchange will link commercial vehicle manufacturers, customers, dealers and suppliers in an open B2B electronic exchange for the acquisition of goods and services.
The new company will develop additional capabilities, such as those with GoLogistics, to enhance the market efficiencies of all the participants in the exchange.
PACCAR’s innovative and leading-edge use of information technology earned the company the number one spot in PC Week magazine’s Fast-Track 500.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.