Summit Logistics International and Kaitong Logistics Co., Ltd. Announce Service Agreement in Asia
Leading NVOCC and China based Logistics Firm to Offer Feeder Services from Major Chinese Origins
CARTERET, NJ, September 11, 2008 – Summit Logistics International (“Summit“) today announced that they have entered into a service agreement with Kaitong Logistics Company, Ltd., (“Kaitong“) to provide seamless feeder services within the middle and lower reaches of the Yangtze River Delta region.
This agreement opens up new lanes and services for Summit as they will now be able to offer customers faster transit times and more reliable connections from origins such as Hefei, Wuhu, Zhenjiang, Yangzhou, Taizhou, Zhangjiagang, Nantong, Taicang, and Suzhou. Kaitong services these ports with a network of six feeder services per week along the Yangtze River with capacity of up to 250 TEU per vessel.
“We are very excited about forming this partnership with Kaitong“, said Robert A. Agresti, President of Summit Logistics International. “Their expertise in this region strengthens Summit's network in China, and provides our customers with a seamless service. Since both of our companies utilize the same operating system, customers will have full visibility of their shipments and the confidence of knowing their cargo will be transshipped safely and securely.“
In addition to operating transportation feeders, Kaitong also offers warehousing and distribution services, and is a ranked as one of the Top 100 of Freight Forwarders and Customs House Brokers in China.
About Summit Logistics International
Summit Global is a leading third party logistics company providing a full suite of supply chain management services in the United States, Asia (including China, Taiwan, Thailand and Vietnam), Russia, the Commonwealth of Independent States, Eastern Mediterranean, the Middle East and India. The Company operates both contract logistics and freight forwarding/NVOCC operations in approximately 25 key transportation hubs across the globe. Visit the company at http://www.summitgl.com.
About Kaitong Logistics Co., Ltd.
Kaitong Logistics Co., Ltd., headquartered in Nanjing, China, is a logistics enterprise in business since 1997. The company operates 12 branch offices with fully integrated operations in freight forwarding, shipping agency and domestic feeder services in China. The companyÕs primary business is the transport of containers for foreign trade within the middle and lower reaches of the Yangtze River.
Contacts:
Thomas Wyville
Vice President Marketing & Pricing
732-750-9000 Ext. 128
twyville@fmiint.com