Shanghai: Sinotrans, China's largest logistics company, and National Retail Systems, Inc., a leading provider of logistics services to US retailers, have formed a joint venture called SinoNRS to offer integrated factory-to-store logistics solutions to US retailers.
SinoNRS will offer US retailers a comprehensive suite of transportation, consolidation, warehousing, distribution, trade facilitation and value-added services, such as ticketing, labeling and packaging. The joint venture is intended to create a seamless logistics system for end-to-end control from inland factory locations in China to retail stores throughout the US.
"We carefully examined various options and chose NRS as our strategic partner (in the US) because of their strong reputation for logistics excellence, technology and innovation in retail logistics," said Mr. Zhang Jianwei, President of Sinotrans Ltd. "As an asset-based provider, they complement Sinotrans' strength in China with equal service capabilities in the US."
"US retailers are under increasing pressure to shorten their time to market and lower supply chain costs in order to keep up with consumer demands," said Raymond Wisniewski, President and COO of NRS. "Combining the market strengths of Sinotrans and NRS, SinoNRS will provide the three critical levers for logistics success: control, speed and value. No other competitor will have better capabilities in China or more experience in US retail." [29/08/07]
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