London (PRWEB) March 24, 2010
The Transport Exchange Group, which provides exchange services for both the Courier and Haulage industries, has reported record month-on-month volumes during the second half of 2009.
The unique online exchange service, popular with those doing courier jobs, and working in haulage, has firmly established itself over the decade it has been in operation, and has shown itself to be an ever increasingly important component of the transport industry.
With an increasing number of companies working to improve both their efficiency and their carbon footprint at the same time, the Transport Exchange Group has the ideal opportunity to make its mark with yet more growth in the year of its 10th anniversary.
Managing Director of TEG, Lyall Cresswell, maintains that the increased activity on both the Courier and the Haulage Exchange has been indicative of the industry’s recognition of the benefits afforded by freight exchanges.
He stated, “Since the launch of the Transport Exchange Group ten years ago, the distribution and transport industry has been through some trying times, facing rising costs and dropping profit margins. This is not a situation that is likely to disappear quickly, and businesses will continue to face economic challenges such as the rising fuel charges, and the pressure to reduce carbon emissions. However, as TEG enters a new decade we are in a strong position to help those doing courier jobs and haulage work tackle these challenges.”
Mr Cresswell continued, “Our exchange enables operators to pull together and spread out the financial load of increasing fuel costs, tolls and congestion charges and legislative compliances. Many people doing either haulage work or courier jobs have already reaped the benefits of our services, gaining themselves a competitive advantage whilst also enjoying the environmental and financial benefits. So far, our success has been heartening, and we hope to build on it further in 2010.”
The exchange services offered by the TEG allow operators to post their loads, or to find available capacity in other vehicles in order to move their goods. Member companies can book loads, confirm orders, approve invoices and make payments electronically, via a seamless and efficient trading hub that offers several benefits to a business.
Companies that join the exchange can almost completely eradicate empty journeys or unprofitable backloads, by spreading out the many costs associated with transporting goods.
2,000 member companies use the secure, flexible, real-time services of the TEG’s exchange on a daily basis to ensure their supply chains are working in the most profitable way possible. As well as the Haulage Exchange servicing those carrying loads of 7.5 tonnes and more, and the Courier Exchange, for those doing sameday courier jobs, and those in the express freight industry, the Transport Exchange Group provides a Regular Runs service. This allows operators to post their regular journeys, in order that others might be able to identify opportunities for collaboration.
On top of the fundamental service that they offer, the Transport Exchange Group has worked hard to create a unique and sophisticated set of solutions, that are easy to use and add to the existing benefits of the exchange. These include services such as electronic trading, order confirmation, invoice approval and payment, interactive maps of loads or journeys available. These interactive options eliminate the need to scroll through lists, and offer a mobile solution which allow business to use the exchange even when on the move.
Lyall Cresswell added: “The foundations laid by the Transport Exchange Group in its first ten years are strong, and we are looking forward to building on them further over the next decade.
A neutral and secure exchange such as ours, servicing both the courier jobs and the haulage work industry, offers immeasurable advantages to its members, and we believe that the growth levels we have seen over the past few months are just the beginning for the freight exchange.”
About The Transport Exchange Group
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).