Freight Exchanges - A New Era in Delivery Work

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2010 is quickly shaping up to be the 'Year of the Exchange'. Continued growth for the UK road transport industry's busiest online freight exchange - Transport Exchange Group (TEG) (http://www.haulageexchange.co.uk) - means that the company is looking ahead to an exciting year, as it prepares to celebrate its 10th anniversary in delivery work.

Haulage Exchange, (as well as sister company Courier Exchange) ended 2009 on a high with record volumes during the second half of the year. Its unique web-based data exchange system has not only stood its ground in the competitive transport industry, but has demonstrated it is leading the way in new innovations and playing an increasing role in industries involved in delivery work.

With more and more haulage companies looking to not only improve their own efficiencies, but also wanting to address the larger 'green issues', Haulage Exchange is perfectly poised to extend their growth even further. Their attention to these issues has seen the benefits of freight exchanges such as Haulage Exchange become a much more attractive option to independent operators struggling with decreasing profit margins and rising costs in the delivery work industry.

With ten years of solid business under their belts Haulage Exchange is seeing an ever-increasing number of operators seeing the need to eradicate empty journeys and unprofitable backloads, as well as tackle green issues.

Managing Director of the Transport Exchange Group Lyall Cresswell said; "Businesses are continuing to face tough economic challenges with increasing fuel charges coupled with the need to reduce their carbon footprints identified. As we enter our 10th anniversary year, the Transport Exchange Group is in a strong position to help tackle these challenges head on."

Lyall went on to say, "Our services enable transport operators to work together and share the financial burden of rising fuel prices, congestion charges, tolls and the need to comply with legislation. Indeed many operators involved in delivery work have already enjoyed the financial and environmental benefits of using our services, which can help give them a competitive advantage."

Transport Exchange Group's exchanges are tailored for operators to post loads and available capacity and find vehicles to move their goods. By enabling member companies to do everything involved in delivery work from booking loads and confirming orders, to approving invoices and making payments electronically, they provide an efficient and seamless trading hub, offering tangible business benefits.

But perhaps even more important is the effect a freight exchange can have on such issues as fuel emissions and an individual company's carbon footprint. The Transport Exchange Group has built a unique and sophisticated set of easy to use solutions with the aim of focusing further on these benefits. Lyall Cresswell said; "We have laid some very strong foundations in our first ten years and we very much look forward to further building on these as we enter our next decade."

He continued; "A freight exchange such as ours which is both neutral and secure offers immeasurable benefits to those undertaking delivery work, and we are confident that the exceptional levels of growth we have enjoyed over the past few months mark the dawning of a new era for the freight exchange and the transport industry as a whole."

About the Transport Exchange Group
The Transport Exchange Group offers a range of services to enable members to trade loads and journeys and to source available or part-filled vehicles. Its system facilitates seamless electronic trading from order confirmation to invoice approval and payment, and processes more than 10,000 loads a month.

With offices in London and Nottingham, The Transport Exchange Group operates two of the largest haulage exchanges in Great Britain. Courier Exchange (http://www.courierexchange.co.uk), is the UK's biggest exchange for express and same day movements and is now in its ninth year of trading, while its sister site, Haulage Exchange (http://www.haulageexchange.co.uk) is one of the UK's leading independent haulage exchanges for the 7.5 Tonne market and beyond.

Membership of the exchange is limited to accredited transport professionals, and offers them the chance to buy and sell domestic and international road transport industry services such as full loads, backloads, return loads, freight forwarding, and road haulage.

For further information contact Century Public Relations (Tel: 024 7622 8881).

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Frank Orman
Haulage Exchange
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