BDP and GENCO form strategic alliance to expand end-to-end global service capacity
BDP to outsource U.S. ground transportation to GENCO PHILADELPHIA, PITTSBURGH, Pa., USA, June 14, 2005 -BDP International® and GENCO announced today the formation of a strategic alliance between the two privately held companies that will expand each company's capacity to deliver end-to-end global logistics services. Through the alliance, BDP will outsource its domestic ground transportation to GENCO and GENCO will offer BDP's global logistics services to its customers. The companies are already planning the integration of their tracking and other related systems.
"The formation of this unique alliance will enable BDP to take a quantum leap forward to enhance the quality of our inland U.S. transportation and warehousing capabilities," said BDP President Richard J. Bolte, Jr. "Going forward, our clients will experience a more comprehensive level of U.S. inbound and outbound service and visibility." "This relationship fits perfectly with our business strategy of expanding our solution set with existing customers, while gaining an immediate presence in new domestic and international growth markets," said GENCO chairman and chief executive officer Herb Shear. "By becoming part of a global alliance, we will be able to combine service strengths, which offers increased value for our customers." GENCO's extensive network of freight carrier partners, combined with a comprehensive service package, which includes price quotations and payment of both ground and air carrier invoices, will enable BDP to better integrate with customers' supply chains. In addition, the alliance creates opportunities for the company's to introduce new service offerings to a shared customer base. About BDP About GENCO
GENCO is a recognized leader in supply chain management serving a diverse range of manufacturing, retail and government customers throughout North America, Australia and the United Kingdom, including Unilever, Sears, The Hershey Company, Best Buy, Dell, Whirlpool, Reebok, Reckitt Benckiser, Kraft/Nabisco, Becton Dickinson, Kimberly-Clark, Playtex, Hewlett-Packard, Revlon, Levi Strauss, Target, Kmart, Harley Davidson and the U.S. Department of Defense. The company provides a complete range of value-added supply chain solutions, including direct logistics, transportation management, supply chain analysis, reverse logistics, asset recovery, unsaleables management and infrastructure. |
