Bid Freight Logistics (BFL) is a leading edge applications solutions provider (ASP) that offers a total electronic logistics management solution to dramatically enhance the way shippers and carriers move information, freight and money to manage and grow their businesses. BFL services the US $500 billion North American freight market with an integrated suite of products - Bid Freight Network, Bid Freight 3PL and Bid Freight Financial that offer electronic means of tendering shipments, bidding, negotiation, scheduling, delivery notification, and financial settlement. In addition, the company is leveraging the immense capabilities of the Internet to provide valuable enhancement services such as online document imaging for each load, integration capability with Enterprise Resource Planning and Transportation Management Systems, and an integrated wireless track and trace offering targeted at private fleets.

Bid Freight Logistics' Network is a centralized, real time information service that communicates shipment information among shippers, carriers, and consignees, as well as other providers of transportation services. It is conceived to be a total logistics management solution that provides automated methods for shipment tendering, bidding, negotiation, scheduling, delivery notification, and settlement. Bid Freight Network provides substantial benefits for shippers, carriers and consignees who are members of the network. With access to Bid Freight, shippers have access to many high-quality carriers that provide competitive pricing to haul freight. The system acts as a support tool for shipment management, providing the shipper with a transparent and complete disclosure of bids. This enables an objective, fully informed decision about who should carry the shippers' freight. Carriers have access to an expanded client base of pre-qualified, financially stable shippers that provide business opportunities outside the carriers' normal range of operations. Carriers are able to access information about available loads that meet the specific requirements of the carrier's capabilities. The large shipper base will "level the playing field" for smaller truckers who want to compete with larger ones, but do not have the means to engage a large marketing staff to find loads. Bid Freight Financial is the settlement arm for both the Bid Freight Network and Bid Freight 3PL. Bid Freight Financial invoices the shipper member on behalf of the carriers and offers carrier members a variety of payment options including 7 day guaranteed, 21 day guaranteed or Standard Pay.

Introducing Bid Freight Logistics 3PL a customized interface allowing intermediaries, Freight Agents, Brokers and Logistics Companies to post available loads in the capacity of a shipper.

• Implementation program for bringing existing business onto Bid Freight 3PL
• Private branded exchange
• Cash bonus for historical movement of freight
• Increase margins and lower customer costs at the same time!
• 7 DAY Commission payment
• Guaranteed Quick-Pay carrier programs,7&21 days
• Equity plan for revenue milestones
• Strategic partnerships & alliances extending service capabilities
• 100% back office support functionality
• Bid Freight 3PL umbrella authority

Bid Freight 3PL is a Hosted Logistics - custom-branded freight application for third party logistics providers. This enables communication between shippers and third party logistic providers (3PL) or brokerage firms and their respective contract carriers. Bid Freight 3PL is available to 3PL's or brokerage firms and all Bid Freight Logistics Member Carriers.