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News ReleaseBNSF TransBid Added to iPower Technology SuiteFORT WORTH, Texas, July 13, 2004:The Burlington Northern and Santa Fe Railway Company (BNSF) today announced the launch of BNSF TransBid™, a new online marketplace that connects shippers and transloaders by providing fast and easy access to bids for truck and warehousing needs. On the Web at www.bnsftransload.com or through BNSF iPower, this industry-first online marketplace allows shippers to post shipment opportunities as well as any value-added services desired, such as tarping or barcoding. Transload companies will be alerted by e-mail when opportunities arise in their areas; or they can log onto TransBid™ to see all the available opportunities. Once transloaders submit their opportunities, shippers can view all the bids of interested transloaders. TransBid™ is the most recent addition to BNSF iPower™ a suite of technology tools designed to make shipping as easy and effective as possible. "BNSF TransBid™ directly connects shippers and transloaders creating a more effective shipping process for all parties involved, including BNSF," says Vann Cunningham, assistant vice president, Economic Development. "Shippers will benefit from a streamlined bid process and ability to base bids on price, service options or any other criteria. Transloaders will benefit from new opportunities in areas they serve as well as any other areas they specify." Only BNSF premier transload facilities will be bidding on freight through TransBid™, giving shippers access to top-quality transload companies that have met BNSF’s standards of quality, professionalism and customer service. A subsidiary of Burlington Northern Santa Fe Corporation (NYSE:BNI), BNSF operates one of the largest railroad networks in North America, with about 32,500 route miles covering 28 states and two Canadian provinces. The railway is among the world's top transporters of intermodal traffic, moves more grain than any other American railroad, transports the components of many of the products we depend on daily, and hauls enough coal to generate about ten percent of the electricity produced in the United States. BNSF is an industry leader in Web-enabling a variety of customer transactions at www.bnsf.com. For more information on the company and its transportation solutions, visit the BNSF Web site at www.bnsf.com BNSF Headquarters |
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