Menlo Park, CA (PRWEB) October 27, 2004
PartsRiver, Inc., the leading provider of data quality and analytics services for the transportation equipment industry, today announced that U.S. Xpress Enterprises, Inc. (Nasdaq: XPRSA), the fifth-largest publicly owned truckload carrier in the United States, has selected PartsRiver to service a data synchronization initiative in support of a recent business system purchase. PartsRiver will provide its Pro.SeriesÂ service to analyze, cleanse, standardize, validate and synchronize the data in U.S. XpressÂs new business system.
ÂWe are pleased to be working with PartsRiver as part of our ongoing effort to implement solutions that offer U.S. Xpress greater operational efficiencies that can further the CompanyÂs position in the marketplace. U.S. Xpress has an established track record for employing technological advances that provide a competitive advantage, and we believe that our association with PartsRiver will lead to positive results in a number of areas,Â said Jerry Elkins, Vice President Maintenance of U.S. Xpress Enterprises, Inc. ÂWe selected PartsRiver based on their industry expertise, ability to deliver and the tremendous market advantages their services offer. We are looking forward to leveraging the operational savings opportunities provided by this effort. In todayÂs trucking marketplace, the ability to develop additional efficiencies is a cost-control mechanism that can generate measurable, bottom-line results.Â
ÂWe are excited to partner with U.S. Xpress to deliver our award wining data quality technologies,Â said Elisa Jagerson, PartsRiverÂs CEO. ÂData quality is a critical but often overlooked asset in organizations. At PartsRiver, we have proven that deploying low-risk, easy-to-implement solutions can drive immediate results to a companyÂs bottom line. Our mission is to deliver the most advanced data quality solutions to our industry, facilitating cost reductions for customers like U.S. Xpress.Â
About U.S. Xpress Enterprises, Inc.
U.S. Xpress Enterprises, Inc. is the fifth-largest publicly owned truckload carrier in the United States. The Company provides regional, dedicated and expedited truckload services throughout North America, with regional capabilities in the West, Midwest and Southeastern United States. The Company is one of the largest providers of expedited and time-definite services in the truckload sector. U.S. Xpress focuses on customers operating in dedicated, just-in-time or deferred airfreight market segments, while utilizing one of the largest team-operated fleets in the industry. Xpress Global Systems, Inc., a wholly owned subsidiary, is the leading provider of transportation, warehousing and distribution services to the floor coverings industry and provides airport-to-airport transportation services to the airfreight and airfreight forwarding industries through a network of over 80 locations in North America. Xpress Global Systems also provides distribution- related services to a number of other industries, including retail, automotive and building materials. The Company also offers logistic services through its joint ownership of Transplace, an Internet-based global transportation logistics company.
About PartsRiver, Inc.
PartsRiver stands alone as the proven provider of quality parts data and analytics services for the transportation supply chain. PartsRiver leverages data, technology, and industry expertise to unlock the power of the part information stored in todayÂs business systems. Our services provide visibility across inefficiencies in parts purchasing and inventory, where data quality is paramount. PartsRiver delivers the foundation for Building Business on Better Data Quality. PartsRiver is a privately held corporation headquartered in Menlo Park, CA. For further information about the company and its products visit http://www.partsriver.com or call (408) 725-0830.
Forward-looking statements in this press release are made following the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Investors are cautioned that statements, including, without limitation, statements regarding current or future financial performance, management's plans and objectives for future operations, product plans and performance, management's assessment of market factors and statements regarding the strategy and plans of PartsRiver and its strategic partners, constitute forward-looking statements which involve risks and uncertainties. These statements are based upon PartsRiver's current expectations and judgment about future developments in PartsRiver's business and may be affected by several factors, including, without limitation, delays in or increased costs of production, delays in or lower than anticipated sales of PartsRiver services, and general conditions in the computer industry. PartsRiver undertakes no obligation to update any such statements to reflect actual events.
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