Sinotrans and National Retail Systems, Inc. Select LOG-NET to Power SinoNRS Global Supply Chain
Red Bank, NJ, June 26, 2008 --(PR.com)-- LOG-NET, Inc., an industry leader in international web-based supply chain execution solutions, is proud to announce Sinotrans and National Retail Systems, Inc. as their newest LOG-NET application users. Sinotrans, China's largest logistics company, and National Retail Systems, Inc., a leading provider of logistics services to U.S. retailers, have launched a joint venture, called SinoNRS, to provide fully integrated factory-to-store logistics solutions to U.S. retailers.
SinoNRS offers retailers a comprehensive suite of transportation, consolidation, factory interfaces, warehousing, distribution, trade facilitation and value-added services, such as ticketing, labeling and packaging. The joint venture leverages the leading domestic logistics position of Sinotrans in China and the U.S. domestic retail distribution capabilities of NRS to create a seamless logistics system for end-to-end control from inland factory locations in China to retail stores throughout the United States.
LOG-NET will provide SinoNRS with an end-to-end visibility platform to monitor shipments from the origin operation through to final domestic delivery. LOG-NET will receive container status events from SinoNRS transportation partners throughout the supply chain for event management through to destination delivery. LOG-NET will also facilitate the creation of documents at origin, including the forwarders cargo receipt, container manifest and shipment instructions. LOG-NET will also automate logistics processes, including the receiving of electronic purchase orders and sales orders from SinoNRS customers and integrating this information with their suppliers.
“After an intensive evaluation, we are very pleased SinoNRS has selected LOG-NET, Inc. as their system of choice. We truly believe our application will help SinoNRS and especially their customers to effectively manage their products in a very challenging supply chain environment. We are very excited about working with the SinoNRS team, and we look forward to a very successful partnership,” says John Painter, V.P. of Worldwide Sales.
“Combining LOG-NET’s best-in-class supply chain visibility platform with the market strength of Sinotrans and NRS, SinoNRS now offers retailers the three critical drivers of logistics success: visibility, speed and control. No other logistics provider has better capabilities in China or more experience in U.S. retail,” said Larry Ravinett, SVP of Logistics and Supply Chain Solutions for NRS.
About Sinotrans
Sinotrans Ltd. is an H-share company with China National Foreign Trade Transportation Group Corporation (Sinotrans Group) as its controlling shareholder. Sinotrans Ltd. was injected into Sinotrans Group core businesses, well-performed assets and professional staff in China's coastal and other strategic regions like Guangdong, Fujian, Zhejiang, Shanghai, Jiangsu, Hubei, Lianyungang, Shandong, Tianjin and Liaoning. Sinotrans Ltd. has total assets of 18.5 billion RMB, and net assets of 8.2 billion RMB.
About National Retail Systems
Since 1953, National Retail Systems Inc. has pioneered many of the retail logistics processes considered cutting edge today. From its beginnings as a one-truck delivery company to a leading provider of retail logistics services in North America, NRS has built success from continued disciplined investment in equipment, terminals, distribution centers, the most advanced information technology and most importantly, people. The company operates a national network of logistics assets focused on one goal—delivering efficient, reliable distribution and transportation services to America's leading brands. The NRS service offering includes full-truckload and LTL transportation; distribution and warehousing; pool point services; consolidation; direct-to-store delivery; pier drayage; private fleets; and transportation optimization for all segments of the retail industry.
About LOG-NET, Inc.
Founded in 1991, LOG-NET, Inc. of Red Bank, N.J. was established to provide the finest trade, transportation and logistics information systems. The company has grown from a supplier of custom logistics solutions into a developer of integrated on-demand, end-to-end (E2E) supply chain solutions and is active in more than seventy countries around the world.
LOG-NET's management and design team is comprised of individuals with outstanding technical skills and practical operating experience in international, multi-modal logistics and operations management. This in-depth understanding of trade and logistics balanced with the highest levels of technical capability is reflected throughout the company's products and services. For more information, please visit www.LOG-NET.com.
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SinoNRS offers retailers a comprehensive suite of transportation, consolidation, factory interfaces, warehousing, distribution, trade facilitation and value-added services, such as ticketing, labeling and packaging. The joint venture leverages the leading domestic logistics position of Sinotrans in China and the U.S. domestic retail distribution capabilities of NRS to create a seamless logistics system for end-to-end control from inland factory locations in China to retail stores throughout the United States.
LOG-NET will provide SinoNRS with an end-to-end visibility platform to monitor shipments from the origin operation through to final domestic delivery. LOG-NET will receive container status events from SinoNRS transportation partners throughout the supply chain for event management through to destination delivery. LOG-NET will also facilitate the creation of documents at origin, including the forwarders cargo receipt, container manifest and shipment instructions. LOG-NET will also automate logistics processes, including the receiving of electronic purchase orders and sales orders from SinoNRS customers and integrating this information with their suppliers.
“After an intensive evaluation, we are very pleased SinoNRS has selected LOG-NET, Inc. as their system of choice. We truly believe our application will help SinoNRS and especially their customers to effectively manage their products in a very challenging supply chain environment. We are very excited about working with the SinoNRS team, and we look forward to a very successful partnership,” says John Painter, V.P. of Worldwide Sales.
“Combining LOG-NET’s best-in-class supply chain visibility platform with the market strength of Sinotrans and NRS, SinoNRS now offers retailers the three critical drivers of logistics success: visibility, speed and control. No other logistics provider has better capabilities in China or more experience in U.S. retail,” said Larry Ravinett, SVP of Logistics and Supply Chain Solutions for NRS.
About Sinotrans
Sinotrans Ltd. is an H-share company with China National Foreign Trade Transportation Group Corporation (Sinotrans Group) as its controlling shareholder. Sinotrans Ltd. was injected into Sinotrans Group core businesses, well-performed assets and professional staff in China's coastal and other strategic regions like Guangdong, Fujian, Zhejiang, Shanghai, Jiangsu, Hubei, Lianyungang, Shandong, Tianjin and Liaoning. Sinotrans Ltd. has total assets of 18.5 billion RMB, and net assets of 8.2 billion RMB.
About National Retail Systems
Since 1953, National Retail Systems Inc. has pioneered many of the retail logistics processes considered cutting edge today. From its beginnings as a one-truck delivery company to a leading provider of retail logistics services in North America, NRS has built success from continued disciplined investment in equipment, terminals, distribution centers, the most advanced information technology and most importantly, people. The company operates a national network of logistics assets focused on one goal—delivering efficient, reliable distribution and transportation services to America's leading brands. The NRS service offering includes full-truckload and LTL transportation; distribution and warehousing; pool point services; consolidation; direct-to-store delivery; pier drayage; private fleets; and transportation optimization for all segments of the retail industry.
About LOG-NET, Inc.
Founded in 1991, LOG-NET, Inc. of Red Bank, N.J. was established to provide the finest trade, transportation and logistics information systems. The company has grown from a supplier of custom logistics solutions into a developer of integrated on-demand, end-to-end (E2E) supply chain solutions and is active in more than seventy countries around the world.
LOG-NET's management and design team is comprised of individuals with outstanding technical skills and practical operating experience in international, multi-modal logistics and operations management. This in-depth understanding of trade and logistics balanced with the highest levels of technical capability is reflected throughout the company's products and services. For more information, please visit www.LOG-NET.com.
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Contact
LOG-NET Incorporated
Jessica Paviluk
732-758-6800
www.LOG-NET.com
Jessica Paviluk
732-758-6800
www.LOG-NET.com
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