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, as well as other transportation-related services. With offices throughout the U.S. 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.
Janel also offers various related, value-added logistics services, such as freight consolidation, insurance, a direct client computer access interface, logistics planning, landed-cost calculations, in-house computer tracking, product repackaging, online shipment tracking and electronic billing. The Company also serves as a full service U.S. Customs broker with over 25 years of experience securing customs clearance for a wide range of goods.
Each Janel office is managed independently, with each manager having over 20 years experience with Janel. At the corporate helm, the company is headed up by James N. Jannello, Founder and Chief Executive Officer; President and Chief Operating Officer Stephen P. Cesarski;, Vice President, Noel J. Jannello; and Linda Bieler, Chief Financial Officer.
Janel’s customer base is well represented amongst a multitude of diverse industry groups; however, the majority of the company’s shipments are from heavy machinery, electronic goods, household items, textiles, personal effects, and food and perishable items, on both international and domestic levels. During 2007 the Company handled approximately 28,000 individual import and export shipments, predominately originating or terminating in the United States, Europe and the Far East. To date, the company has shipped goods and provided logistics services for Colgate Palmolive (NYSE:CL), Nicole Miller, Conn Selmer Music, and Academia Barilla(LON:0GZC).
In October 2007, Janel completed the acquisition of certain assets of Order Logistics, Inc and earlier this year the company joined forces and integrated a twelve year old Los Angeles area customs brokerage firm into the Janel World Trade Organization. The acquired company has 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.
The company expects to report an increase of at least 20% in its gross sales for the first quarter of FY2008, which ended December 31, 2007. The Company reported gross sales of approximately $16.7 million in the prior-year quarter ended December 31, 2006.
For over 30 years Janel has been assisting customers with their shipping needs, but the air freight and shipping industry is very crowded and includes the big names players and household names as well as small cap stocks like Radiant Logistics, Inc. (RLGT.OB), who is expanding its North American operations by opening new offices in Kansas City, Missouri, Air T, Inc. (NASDAQ:AIRT) whose air cargo services are provided exclusively to one customer, FedEx Corporation (NYSE:FDX) and Expeditors International of Washington(NASDAQ:EXPD) to name a few.
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