Dana Corp. Invests In Web-Based Shipping Company

The leasing and finance subsidiary of auto-industry supplier Dana Corp., Toledo, Ohio, has invested $2.25 million in venture funds in AnythingOvernight.com. The Austin-based company also will provide ASP services to the shipping and information technology components of Dana Commercial Credit Corp. (DCC) "We feel that AnythingOvernight.com's ASP technology is easy to use, provides us with vast reporting functionality, and helps us control costs," says Calvin Axtell, senior vice president of DCC.