Method, apparatus and program for pricing, transferring,...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S035000, C705S039000, C705S040000

Reexamination Certificate

active

06990467

ABSTRACT:
An apparatus, method and program for determining the price of an option to pay for or sell cargo freight facility on the Internet and for facilitating the sale and exercise of those options including the underlying contract which is made transferable. By purchasing an option, a customer can lock in a specified freight cost without tying up his money and without risking the higher cost fee if there is a rise later. Pricing of these options may be based on several criterion including, date of departure, type of cargo and so on. By selling such option, the carriers will have extra cash flow and reliability.

REFERENCES:
patent: 5671363 (1997-09-01), Cristofich et al.
patent: 5724524 (1998-03-01), Hunt et al.
patent: 5752238 (1998-05-01), Dedrick
patent: 5797127 (1998-08-01), Walker et al.
patent: 5822736 (1998-10-01), Hartman et al.
patent: 5956691 (1999-09-01), Powers
patent: 6035289 (2000-03-01), Chou et al.
patent: 6085169 (2000-07-01), Walker et al.
patent: 6131087 (2000-10-01), Luke et al.
patent: 6151588 (2000-11-01), Tozzoli et al.
patent: 6263321 (2001-07-01), Daughtery, III
patent: 6487552 (2002-11-01), Lei et al.
patent: 06150163 (1994-05-01), None
Toby D. Gooley, Shipping without Borders, Logistics Management and Distribution Report, Radnor, PA, Jan. 1998, vol. 37, Iss. 1; p. 77, 3 pgs.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Method, apparatus and program for pricing, transferring,... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method, apparatus and program for pricing, transferring,..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method, apparatus and program for pricing, transferring,... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-3571819

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.