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AUDACIOUS NEWS
Date Released: October 18, 2005
 
THE NEXT EVOLUTION OF SUPPLY CHAIN - LEADING TECHNOLOGY MERGES WITH LEADING TRANSPORTATION MANAGEMENT SERVICES - NTE & AUDACIOUS
Combining leading supply chain technology and a full line of transportation management services - a complete supply chain management solution.
 
LOMBARD, IL – October 18, 2005 - NTE, LLC, (formerly known as NTE, Inc.) a leading technology provider of supply chain solutions today announced the expansion of its offerings to include a complete line of transportation management services through it’s sister company, Audacious, Inc. Audacious is a full service transportation management (“TM”) company providing world-class services for companies looking to enhance or outsource their logistics operations. NTE and Audacious came together through the 2004 acquisition of NTE, Inc. by one of its original founding members and owner of Audacious, Inc., Robert Rocque. As companies try to manage increasingly complex supply chains, more are turning to automation and outsourcing of logistics operations. Reacting to these market changes, Mr. Rocque created the first company of its kind in the industry, providing end-to-end transportation management services in parallel with its own proven, market leading technology base.
 
For over a decade, NTE has been powering demand driven supply chains for companies needing a sophisticated logistics support system to control their transportation management using internal resources. NTE’s supply chain technology is a proven system, providing efficiencies in transportation management through event management, enhanced order and shipment visibility, optimization, automated tendering, and cost effective transportation planning and execution. NTE’s world-class technologies and web-services delivery model allows companies (shippers) to work with their own set of trading partners (customers, suppliers, logistics providers) in one hosted, private-labeled environment where all orders are centrally processed according to the shippers’ strategic business rules. NTE shipper customers and their supply chain partners are achieving success at all levels – reduced costs, improved services, satisfied customers and better decision-making capabilities, without adding risk or expense to the equation. Today, NTE processes more than $250 million in annual freight spend through its supply chain technology solutions.
 
For those companies looking to achieve similar successes, however by outsourcing their transportation management operations, the NTE/Audacious offering is just the solution. Powered by and fully integrated with NTE, Audacious offers a complete line of TM services including procurement, shipment planning and execution, optimization, supplier and carrier performance management, and freight bill and audit pay services. Seasoned and experienced Audacious logistics professionals are the “operations” behind NTE’s technology and data connectivity tools while providing companies with easy access to accurate transportation information, real-time and anywhere in the process via the Internet. Audacious’ history of long-term relationships with successful outcomes and its access to thousands of carriers, also enables Audacious to further reduce shipping costs for its clients.
 
The fully integrated NTE/Audacious TM services and technology combination is also an ideal solution for supply chain management and 3PL providers seeking robust technology and expanded transportation management services to support the demands of their logistics customers, without the large investment. Through the Audacious Strategic Business Partnership (SBP) program, Audacious’ complete line of transportation management services, powered by NTE, is made readily available in a customized, private-labeled web-services delivery model. Partners and their logistics clients are given immediate access to event management, visibility, optimization, automated tendering, and transportation planning and execution technology solutions as well as a complete menu of on-line transportation management services.
 
“We are very excited to bring together NTE and Audacious, offering the industry’s first complete supply chain management solution through world-class supply chain technology and transportation management service solutions”, said Robert Rocque, President and CEO of NTE and Audacious. “We believe that bringing automation into transportation management and logistics operations will be the largest area of value in the supply chain over the next 20 years. Our investment in NTE and combining it with Audacious validates our progression and evolution to become the worlds leading supply chain technology and transportation management services providers”.
 
About NTE, Inc.
As the pioneer in online logistics, NTE (www.nte.com) offers technology-enabled solutions that improve supply chain efficiency in transportation management. Thousands of companies across America rely on NTE for transportation event management, visibility, optimization, planning and execution. Through NTE, they improve their decision-making capabilities, reduce costs, increase revenue opportunities and improve customer satisfaction.
 
About Audacious, Inc.
Audacious Inc. (www.audacious1.com) is a full service transportation management provider, offering a complete line of logistics services including procurement, shipment planning and execution, optimization, supplier and carrier performance management, and freight bill and audit pay services.