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press releases ::

BDP and GENCO form strategic alliance to enhance end-to-end global service capacity

BDP to outsource U.S. ground logistics 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 build upon each company's capacity to deliver end-to-end global logistics services. Through the alliance, BDP will outsource and offer U.S. ground logistics services through GENCO, and GENCO will offer BDP's global logistics services to its customers to its customers . The companies are already planning the integration of tracking and other related systems.

“The formation of this unique alliance with GENCO will enable BDP to take a quantum leap forward in the continuous enhancement of inland U.S. transportation, warehousing and distribution services for our customers,” 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 C c hairman and C c hief E e xecutive O o fficer Herb Shear. “By becoming part of a global alliance, we will be able to combine service strengths, which offer s 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 compan ies y's to introduce new service offerings to a shared customer base.         

BDP, GENCO form alliance …

For further information, at BDP contact Arnie Bornstein, Director - Corporate Communications, BDP International, Inc., 510 Walnut Street, Philadelphia, PA 19106. Phone: 215-629-8493; fax: 215-629-8995; e-mail: abornstein@bdpnet.com and . At GENCO, contact Glenn Mauney, Senior Vice President, Business Development and Marketing, GENCO, 100 Papercraft Park, Pittsburgh, PA 15238. Phone: 412-820-2205; Fax: 412-826-0856; email: mauneyg@genco.com .

About BDP

BDP International is one of the leading privately held freight logistics / transportation management firms in the U.S. It operates freight logistics centers in more than 20 cities throughout North America and a network of subsidiaries, joint ventures and strategic partnerships in 140 countries. The company serves more than 4,000 customers worldwide. Clients include Bayer, Heineken USA, Honeywell, Johnson & Johnson, Osram Sylvania, Revlon, Rohm & Haas, Trek Bicycle, Wacker, and others. BDP provides a range of services, including air, sea and ground transportation; logistics process analysis, design and management; export freight forwarding; import customs brokerage and regulatory compliance; project logistics; warehousing/consolidation/distribution; and Internet shipping transaction/tracking management systems. Visit www.bdpinternational.com .

 

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, Dell, Whirlpool, Reebok, Reckitt Benckiser, Kraft/Nabisco, 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. For more information, visit www.genco.com .

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