Customs Brokerage Group Joins Janel World Trade, Ltd. Organization
Janel World Trade, Ltd., a full-service global provider of integrated logistics services, recently announced an exclusive agreement with Mr. Frank Pubins for the integration of his book of Customs Brokerage business into the Janel World Trade, Ltd. organization.
Mr. Pubins has been the proprietor of his own Customs Brokerage firm in the Los Angeles area for the past twelve years. He and his associates have generated gross sales of approximately $8.5 million and pre-SG&A gross profit of more than $1.2 million during the past three years.
"Frank Pubins and his team will be joining the Janel regional office in Los Angeles," noted Vincent Iacopella, Managing Director of Janel World Trade's California subsidiary. "His customers will enjoy the same high level of expertise and service that they are accustomed to, and they will now have access to Janel's other value-added services, including electronic web-based solutions for purchase order management and tracking, along with freight services from Asia, Central America and Europe."
"We believe Janel's sales and profit margins will benefit from the integration of Mr. Pubins' business into ours," stated James Jannello, Chief Executive Officer of Janel World Trade, Ltd. "We plan to increase revenue while taking advantage of the cost-reduction opportunities and operating efficiencies that are presented by this synergistic combination. Given Mr. Pubins' years of experience and strong reputation in our industry, coupled with the administrative support of our Los Angeles office and the global logistics and financial support that Janel Group can offer, we are confident that the annual sales volumes contributed by Mr. Pubins' team will continue to expand in 2008 and future years."
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. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta) and the Far East (Hong Kong, Shanghai, and Shenzhen), the Company provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. The Janel Group of New York and Janel Group of Los Angeles are approved by the Federal Maritime Commission as ocean freight forwarders and have been approved as Ocean Transportation Intermediaries.
The Company's wholly-owned Order Logistics, Inc. subsidiary provides solutions that allow companies to more effectively discover, manage, and execute global supply chain strategies. The Order Logistics team, technology, strategies, solutions and dedicated transportation resources allow organizations to access 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 to its customers. This allows each customer to better control its unique distribution network and utilize existing information systems to their full capacity. For additional information, visit www.orderlogistics.com.
Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT". Additional information on the Company is available on its website at www.janelgroup.net.
SOURCE: Janel World Trade, Ltd.