Virtual Logistics Company Formed for Chemical Industry
Page 1 of 1
Eastman Chemical Co. and Global Logistics Technologies Inc. (G-Log,) a developer of Internet-based logistics systems for the transportation industry, formed a new company called ShipChem.com, a virtual logistics provider for the chemical industry.
ShipChem.com will address the high cost of transporting raw materials and hazardous materials in the chemical industry, the companies said, offering a logistics gateway to member companies -- chemical manufacturers, distributors, carriers and third-party logistics companies -- that will enable them to decrease the costs and risks associated with transporting goods while improving customer service.
"While some recently announced Internet companies provide a mode specific or regional focus, ShipChem.com will provide a global logistics solution for chemical and plastics manufacturers and distributors," said Barry Dale, president and chief executive officer of ShipChem.com.
Dale said that G-Log's e-logistics software infrastructure provides a neutral solution that addresses inefficiencies in the traditional chemical industry supply chain.
"Our arrangement allows Eastman to focus on our core businesses while committing global logistics solutions to ShipChem.com," said a spokesman.
G-Log was founded in May 1999 to develop a new generation of Internet powered logistics/fulfillment software for manufacturers, distributors, 3PLs, and retailers. In addition to its Global Command and Control Center, G-Log offers a Web-based subscription service through its e-Logistics Portal.