webmodal please read following message dan reck regarding webmodal thank forwarded cathy phillips hou ect 02 14 2001 07 25 daniel reck 02 13 2001 01 48 pm cathy phillips hou ect ect cc subject webmodal monday egm meeting mike mcconnell asked describe webmodal acquisition egm made last week following brief description freight capacity market webmodal gets us market us market logistics 600 bn annually pursuing largest homogenous segment long haul truckload intermodal market 50 100 bn annually depending ask whether include dedicated fleets interesting thing markets extremely fragmented massively intermediated 100 000 trucking companies carriers us thousands independent brokers brokers market act credit principals 10 20 loads conducted spot market brokered rest done 1 3 year contracts generally non firm define relationship shipper chosen carriers intermediaries rail side us railroads act wholesalers selling capacity intermodal marketing companies imcs imcs retail broker capacity shippers difficult part ground intermodal rail haul makes long haul component trip origin warehouse origin rail yard delivery destination rail yard destination warehouse done truck first last mile transportation called drayage webmodal webmodal developed system price schedule intermodal moves look identical truck database prices schedules rrs 48 drayage companies gives complete us coverage buyer type scheduling equipment requirements receive instantaneous quotes zipcode zipcode service inherently different cost performance structures rail truck pricing differences two modes transportation significant move greater 500 miles intermodal generally 20 30 less expensive single driver truck move substitutability intermodal truckload allow us trade spread price webmodal acquisition gets us team tremendous industry expertise good head start enter market next move build truck intermediation capability encourage meet chris kravas ceo webmodal spending time houston road please give call questions thanks dan reck