Friday, December 11, 2009

Chiquita Selects Triple Point to Manage Transportation Cost Volatility

Chiquita Selects Triple Point to Manage Transportation Cost Volatility - Market Wire

Food and Beverage Companies Choose Triple Point to Manage Cost Volatility for Raw Materials and Fuels

WESTPORT, CT--(Marketwire - December 10, 2009) - Triple Point Technology®, the leading provider of multi-market commodity and enterprise risk management software solutions, announced today that Chiquita Brands International Inc. has selected Commodity XL™ to manage price exposure to transportation costs including freight rates and bunker fuel.

Chiquita is a leading international marketer and distributor of high-quality fresh and value-added food products including bananas, fruits and green salads.

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