XS, FREIGHTQUOTE.COM INTEGRATE SERVICES
Freightquote.com, a provider of online B2B freight and logistics services, has announced a strategic alliance with XS, Inc., which operates an online marketplace for agricultural products.
“Farmers face the challenge of operating on very low margins. They see the Internet as a practical tool that can help save money on the products they use, in turn reducing overhead and improving returns,” said John Ferebee, vice president of strategic alliances for Freightquote.com.
XS and freightquote.com have created a subsidiary, XSAg.com, to integrate their freight services.
Freightquote.com, based in Lenexa, Kan, near Kansas City, has received investor support from Menlo Ventures and Morgan Stanley Dean Witter Private Equity.