CTSI Hot News
06/27/2006
CTSI Wins Memphis Business of the Year Recognition for the 2nd Time
MEMPHIS, TN - June 27, 2006. CTSI, a world leader in supply chain technology and services, was recognized on May 16th as Memphis' small business "Company of the Year" in the 61+ employee category by the Memphis Business Journal - http://bizjournals.com/memphis/. Based on independent recommendations, revenue growth, financial strength, service quality, employee morale, community support, and global importance, CTSI was selected for this prestigious recognition. "Our business today is information," says Ken Hazen, president of the 50-year-old CTSI. "Freight bill data is still our core business, but, as with many other areas of business, this has become a commodity where customers seek out the low-cost provider. Our role today is as an information consolidator, not dissimilar from Google." Using FedEx Corp. as an example, Hazen says that if the company was just an air express carrier, they would be only a fraction of the global transportation powerhouse they are today. Like FedEx, he says, CTSI has transitioned from freight bill payment to global information management for its customers. http://memphis.bizjournals.com/memphis/stories/2006/04/03/focus3.html
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