Prysmian Group Selects Transplace for Managed Transportation Services

Leading Energy and Telecom Cable Systems Manufacturer Partners with
Third Party Logistics Provider to Optimize Transportation Management,
Improve Supply Chain Visibility

DALLAS–(BUSINESS WIRE)–#Logistics—Transplace,
a leading provider of transportation management services and logistics
technology solutions, today announced that it has been selected by
Prysmian Group (FTSE: PRY) to manage all transportation activities
throughout North America and support international import/export
shipments and customs compliance.

A world leader in the energy and telecom cable systems industry,
Prysmian Group will leverage Transplace’s managed transportation
services, proprietary technology and industry expertise to optimize its
logistics operations in order to reduce costs, increase visibility and
drive greater operational efficiencies across the supply chain.

“Prysmian Group is committed to sustainability,” said Gianmichele
Alivia, vice president of logistics and supply chain, Prysmian Group.
“This partnership with Transplace will allow us to further our
dedication to investing in the future by focusing on relationships and
ongoing actions to improve efficiency, making Prysmian Group a more
sustainable company. Transplace brings extensive experience, a large
shipper and carrier network and robust logistics technology that will
allow us to gain greater control over our transportation operations,
reduce costs and support Prysmian Group’s commitment to sustainability.”

Transplace will employ its proprietary Transportation Management System
(TMS) to optimize shipments and efficiently manage the daily execution
of all transportation activities, including carrier and mode selection
and freight audit and payment. Transplace will also leverage its
industry-leading technology to take advantage of additional cost saving
opportunities, such as converting over-the-road shipments to intermodal,
and consolidating freight with multiple shippers through the company’s
TransMatch co-shipping program. Access to real-time business
intelligence dashboards and reporting will provide Prysmian Group with
greater visibility of its entire operational network.

“Transplace is thrilled to partner with Prysmian Group and provide the
managed transportation services, logistics technology and business
intelligence needed to help the company effectively execute its
transportation operations and establish certainty within the supply
chain,” said Sammy Riddle, senior vice president, Transplace. “We will
continue to work collaboratively with them to identify new opportunities
within Prysmian Group’s transportation operations to provide
year-over-year value and enable them to better serve their customers.”

Prysmian Group

Prysmian Group, world leader in the energy and telecom cables and
systems industry with global headquarters in Milan, Italy, and North
America headquarters in Lexington, S.C., is strongly positioned in
high-tech markets and offer a wide range of products, services and
technologies. They operate in the business of underground and submarine
cables and systems for power transmission and distribution, special
cables for applications in numerous industries, and in medium and low
voltage cables for the construction and infrastructure sectors. For the
telecommunications industry, Prysmian Group manufactures cables and
accessories for voice, video, and data transmission, offering a
comprehensive range of optical fiber, optical and copper cables, and
connectivity systems. Prysmian Group is a public company, listed on the
Italian Stock Exchange in the FTSE MIB index. For sales inquiries,
contact [email protected].
For more information, visit http://na.prysmiangroup.com.

About Transplace

Transplace is a North American non-asset based logistics services
provider offering manufacturers, retailers, chemical and consumer
packaged goods companies the optimal blend of logistics technology and
transportation management services. The company is the premier provider
of managed transportation, consulting & TMS solutions; and intermodal,
truck brokerage, and cross-border trade services. With operations
centers located throughout North America, Transplace delivers integrated
solutions tailored to meet in-country and cross-border supply chain
needs. The company is recognized among the elite 3PLs for its proven
ability to deliver both rapid return on investment and consistent value
to a customer base ranging from mid-market shippers to Fortune 500
companies.

Follow the company on Twitter, Facebook and the Transplace Industry Blog:

http://blog.transplace.com

http://logisticallyspeakingblog.com

http://twitter.com/transplace

http://www.facebook.com/Transplace

Contacts

for Transplace
Stephen Dye
[email protected]
312-957-8911
or
Jennifer
Cortez
[email protected]
972-731-4525