April 2001

Trends and Resources

HPInformer

Aspen Technology, Inc., and Optimum Logistics, one of the first Internet-based open logistics systems for bulk materials have formed a joint marketing and technology alliance to develop Internet-based..

Stephens, F. P., Hydrocarbon Processing Staff

Aspen Technology, Inc., and Optimum Logistics, one of the first Internet-based open logistics systems for bulk materials have formed a joint marketing and technology alliance to develop Internet-based, supply chain logistics solutions for manufacturers in the process industries. Under agreement terms, AspenTech has acquired a minority equity interest in Optimum Logistics from Optimum's parent company Stolt-Nielsen S.A., a leading transportation-services company. Optimum Logistics was launched in March 2000, and its TransLink solution enables manufacturers to arrange, monitor, track and trace, and expedite bulk shipments and associated documentation to reduce administrative, operating and i

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