NTE reports continued growth

National Transportation Exchange (NTE), an online freight-matching service, said its trading volumes and membership continued to grow in the third quarter of 2001. Downers Grove, IL-based NTE said trading volumes jumped by more than 300% in the third quarter of 2001 compared to the same period last year. Membership in NTE jumped by 110% to more than 1,650 customers – an increase of 270 members in

Oct. 18, 2001

National Transportation Exchange (NTE), an online freight-matching service, said its trading volumes and membership continued to grow in the third quarter of 2001.

Downers Grove, IL-based NTE said trading volumes jumped by more than 300% in the third quarter of 2001 compared to the same period last year. Membership in NTE jumped by 110% to more than 1,650 customers – an increase of 270 members in the third quarter.

Use of NTE’s Internet site has also increased, totaling 19 million "hits" in the third quarter of 2001 vs. 3 million in the same period last year.