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November 18, 2002: Teleroute, the leading European on-line freight service has complemented its existing product offerings with the release of the new search engine F². F² is based on a cartographic database whereby a carrier can be offered a slight deviation to the original route and find loads of freight with the click of a button.
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Traditionally freight exchange searches are strictly from one region (or a group of regions) to another region (or group of regions). For more than five years Teleroute has been offering a complementary module to the traditional search that draws a static hub between two regions and proposes all offers found inside the hub. Now F² takes the process a step further by expanding the search to explore alternative routes outside a specified region in order to find a freight match.
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F² is designed to suggest matches closest to the original route while considering three types of criteria. F² links with a route planner to calculate actual distance of deviation; how recently the offer was published on the Teleroute database and the percent of journey driven loaded.
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F² is definitely the most innovative feature introduced by any freight exchange,” says Raimundo Diaz, Teleroute CEO. “For our users, every kilometre and minute counts. With F² they are sure to find a profitable solution to any journey in Europe within seconds. Teleroute is the only company in the market that has the expertise needed to develop such a feature, thanks to over 15 years of experience in freight exchanges, as well as expertise in cartography and route planning dedicated to the world of transport.”
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F² is focused on saving time and money. F² is integrated into Teleroute Web. Full details are given with each offer; including a map and the overall distance to be travelled.
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F² squares your chances for finding freight.
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Teleroute, created in 1985, develops and markets the leading on-line freight and vehicle exchange for the road transport industry in Europe. With 56,000 offers posted on a daily basis and consulted by some 35,000 users, it achieves more than €50 M sales in 16 countries. It is part of the Wolters Kluwer group (www.teleroute.com).
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Wolters Kluwer is a multinational information services company with annual sales of approximately €3.7 billion, employing approximately 20,000 people in Europe, North America and Asia Pacific. The company’s core activities are Legal, Tax & Business, International Health & Science, and Education. The Wolters Kluwer shares are quoted on the Euronext Amsterdam. The financial results for the year 2002 will be announced on March 11, 2003. (www.wolterskluwer.com).
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Denise Crenwelge
Communications Manager
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Phone +32 (0) 2 641 13 60
Fax +32 (0) 2 646 47 78
Email dcrenwelge@teleroute.com
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