• ITVI.USA
    13,714.340
    -40.170
    -0.3%
  • OTRI.USA
    21.930
    0.010
    0%
  • OTVI.USA
    13,686.380
    -35.040
    -0.3%
  • TLT.USA
    2.840
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    2.280
    -0.210
    -8.4%
  • TSTOPVRPM.PHLCHI
    1.900
    -0.070
    -3.6%
  • TSTOPVRPM.LAXSEA
    2.720
    -0.270
    -9%
  • TSTOPVRPM.ATLPHL
    2.480
    -0.170
    -6.4%
  • TSTOPVRPM.CHIATL
    3.070
    -0.210
    -6.4%
  • TSTOPVRPM.DALLAX
    1.370
    -0.090
    -6.2%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    13,714.340
    -40.170
    -0.3%
  • OTRI.USA
    21.930
    0.010
    0%
  • OTVI.USA
    13,686.380
    -35.040
    -0.3%
  • TLT.USA
    2.840
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    2.280
    -0.210
    -8.4%
  • TSTOPVRPM.PHLCHI
    1.900
    -0.070
    -3.6%
  • TSTOPVRPM.LAXSEA
    2.720
    -0.270
    -9%
  • TSTOPVRPM.ATLPHL
    2.480
    -0.170
    -6.4%
  • TSTOPVRPM.CHIATL
    3.070
    -0.210
    -6.4%
  • TSTOPVRPM.DALLAX
    1.370
    -0.090
    -6.2%
  • WAIT.USA
    127.000
    0.000
    0%
American Shipper

National Retail Systems, Sinotrans partnering

National Retail Systems, Sinotrans partnering

Sinotrans, China’s largest logistics company, and National Retail Systems Inc., a Secaucus, N.J.-based provider of logistics services to U.S. retailers, have formed a joint venture to offer factory-to-store logistics services to U.S. retailers.

   The joint venture, called SinoNRS, will offer transportation, consolidation, warehousing, distribution, trade facilitation and value-added services, such as ticketing, labeling and packaging.

   “Because the United States and Europe are such important trading partners with China, we must seek business partners in these regions that fit our strategic choices for business development,” said Zhang Jianwei, president of Sinotrans. “We carefully examined various options and chose NRS as our strategic partner because of their strong reputation for logistics excellence, technology and innovation in retail logistics. As an asset-based provider, they complement Sinotrans’ strength in China with equal service capabilities in the United States.”

   “Combining the market strengths of Sinotrans and NRS, SinoNRS will provide the three critical levers for logistics success: control, speed and value,” said Raymond Wisniewski, NRS's president and chief operating officer.

   Sinotrans operates more than 1,600 distribution facilities in China with a staff of more than 18,500 employees, offering integrated ocean transportation, air freight, trucking, distribution, express services and third-party logistics services.

   NRS operates one of the largest distribution facilities in the New York area. It also has multiple facilities in the Los Angeles area, including an automated distribution center and more than 1 million square feet of distribution space within 10 miles from the Port of Long Beach. A new Savannah transload facility will open later this year.