UBM Announces the Launch of an Intelligent Technology Platform to Make Buying and Selling of Container Slot Capacity More Efficient for the Maritime Industry

By Ubm Global Trade, PRNE
Wednesday, January 26, 2011

NEWARK, New Jersey, January 27, 2011 - UBM through UBM Global Trade announces a container slot e-marketplace
being launched by its subsidiary, JOC Exchange (www.jocexchange.com).
This intelligent online technology automates how the global ocean
freight community is able to buy and sell available spot market container

The online marketplaces are hosted by UBM in the "cloud" and will be
accessible to global sellers and buyers of containerized ocean capacity who
wish to post and sell available slot inventory via intuitive workflows.

Containerized ocean transport is a $200B industry and approximately 140
million TEU (Twenty-Foot Equivalent Unit) containers are transported by
vessel, annually.

In bringing forward both private label and multi-seller e-marketplaces
this quarter, UBM Global Trade is bringing to market greater transparency and
liquidity for both ocean carriers and NVOCCs (Non-Vessel Operating Common
Carrier). JOC Exchange is in discussion with a number of carriers and NVOCCs
who are interested in this technology to make the selling and buying process
faster, less labor intensive, and more efficient from a billing and
documentation standpoint.

John Day, CEO of UBM Global Trade, said:

"UBM Global Trade's mission is to serve the global transportation markets
with a range of information, data and services that enable that market to
operate effectively and efficiently for the benefit of all participants. We
look forward to taking JOC Exchange, an ingenious technology backed by the
formidable resources of UBM, and bringing forward an effective set of
solutions to the complex processes surrounding the selling and buying of
available container slots. The JOC Exchange, in conjunction with our Journal
of Commerce and PIERS businesses, presents a portfolio of information,
publications, conferences and highly efficient transactional tools to serve
the maritime industry."

Mark Storen, CEO of JOC Exchange, said:

"There is a growing interest and focus on spot market transactions in the
ocean transportation sector. The commitment of UBM Global Trade will enable
us to offer and deliver this technology on a global basis, allowing quick
adoption of the service and providing liquidity for sellers and buyers. We
look forward to pursuing an aggressive growth strategy and continuing to
develop e-commerce product offerings to meet the evolving needs of the
transportation sector."

JOC Exchange (www.jocexchange.com) is headquartered in Denver,
. and will be opening multiple satellite offices in Europe and Asia in

About UBM Global Trade

UBM Global Trade is the leading provider of proprietary data, news,
business intelligence and analytical content supporting commercial maritime,
rail, trucking, warehousing and logistics industries worldwide. The company's
portfolio of more than 100 online, print and interactive workflow business
solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS
Global Intelligence Solutions and an array of international trade and
transportation databases and directories. UBM Global Trade, a subsidiary of
United Business Media Limited, is headquartered in Newark, NJ, with offices
throughout the United States. For more information, explore
www.ubmglobaltrade.com or call 800-223-0243 (+1-973-848-7250 outside
the U.S. or Canada).



Janice Cain, JOC Exchange, jcain at jocexchange.com, +1-720-412-8118; or Ray Venturino, UBM Global Trade, rventurino at ubmglobaltrade.com, +1-973-776-8520

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