NEW YORK--Janel World Trade, Ltd. (OTCBB: JLWT) announced today it has been appointed by its first client resulting from the recently signed strategic agreement with Order Logistics.
The appointment was made by Premier Resources International (PRI), an Order Logistics’ global sourcing and supply chain partner that chose to partner with Janel to provide an end-to-end logistics solution to include freight services from China to the U.S. PRI is a global sourcing company located in Richmond, VA, focused on consumer electronics, automotive accessories, furniture and contract manufacturing.
The agreement will include various services supplied by Janel: round trip services in China managed by the local Janel office; air and ocean transportation from Asia to the U.S.; customs clearance in the U.S. and post-clearance inventory management in the U.S.
Janel offers a unique competitive advantage based on its business platform, which integrates all of the different aspects of goods movement, and makes the whole process visible electronically. Janel’s solution is cost effective and highly reliable, based on 30 years of industry experience, and major expertise in logistics from the Far East, and the demands of U.S. customs. In providing its various logistics services, Janel will make full use of the existing Order Logistics information control system currently in place at PRI.
James Jannello, CEO of Janel said: “We are excited with the potential of the synergy between our group, Order Logistics and Premier Resources International. Our facilities in China, principally our ability to help importers apply for participation in the C-TPAT program - Customs Trade Partnership Against Terrorism, position Janel as a leading third party logistics partner. I’m confident that this is the beginning of a long-term relationship in providing services for other clients of Order Logistics.”
About Janel World Trade, Ltd.
Janel World Trade Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution and other transportation-related services. Additional information on Janel World Trade is available on the Internet at www.janelgroup.com or www.janelgroup.net, and in the Company’s filings with the Securities and Exchange Commission, including its most recent Form 10-K, 10-Q and 8-K reports.
About Order Logistics
Order Logistics, Inc. (www.orderlogistics.com) is helping great companies discover, manage and execute their most effective global supply chain strategies.
The Order Logistics team, technology, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. By leveraging technology, business solutions, operational expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions for its customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.
About Premier Resources International
PRI is a global sourcing agent that provides a comprehensive set of import and domestic sourcing management services that contribute to client success in international markets without the cost and time of starting new sourcing relationships from the ground up, and the risks that come with inexperience in China’s emerging industrial economy. PRI’s Shanghai office delivers component level negotiations with factories, factory evaluation / qualification audit, product QA and QC. Services include Pacific Rim and domestic sourcing strategy development, end to end fulfillment functions, full import supply chain services, distribution, warehousing, and product return management. PRI also manages Chinese government involvement at all factory levels.
