JAMAICA, N.Y., Jan. 21 /PRNewswire-FirstCall/ -- Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated transportation, logistics and environmental services, today announced it has signed an exclusive Search Agreement with Corporate Search America (CSA) to identify and aggressively recruit commissioned global sales executives that will grow the Company's top line revenues.
"In selecting CSA, we sought a recruiting source with proven credentials that understood our business and had the reach and contacts to some of our industry's best sales executives who are seeking to bring their books of business to a growing and stable company like Janel," said James Jannello, the Company's Chief Executive Officer. "Looking at CSA's thorough recruiting methods and screening process for potential candidates, we all agree that this initiative has the potential to significantly increase top line revenue over the next 12 months. Combining our scalable business model with a commissioned sales initiative will also result in more attractive margins over the same period.
"We continue to be very optimistic about the growth our key markets in Asia, Europe and Central America," concluded Jannello. "The recruiting effort will focus on enhancing and strengthening those lanes to create better buying power and margins. We will look for new books of business that have an emphasis on U.S. exports, to capitalize on the weaker dollar."
"We are excited to be working with Janel World Trade," said Jim Boghos, President of CSA. "After a thorough investigation into Janel's management team, business systems and competitive advantages in the marketplace, I believe we can attract very talented people to the organization. We will seek to add people with established business lines that have a desire to grow their books of business. The timing is right for Janel and we couldn't be more optimistic."
About Corporate Search America
CSA is one of the top executive search firms specializing in Logistics, Real Estate Finance, Construction Industry, Telecommunications / IT / Software Solutions, Mutual Fund Companies and other service organizations. CSA has both a contract staffing and permanent search model. CSA takes pride in the long standing relationships developed with many of the top organizations in the country. Over the years, CSA has developed an extensive network of successful executives throughout the nation.
CSA adds value through the recruitment and hiring of individuals who best parallel the client's business needs. This important and often overlooked aspect of the recruiting process is what sets CSA apart from the competition.
Janel World Trade, Ltd. is a global provider of integrated logistics and environmental services, including domestic and international freight forwarding via multi-modal carriers, leading edge end to end supply chain technology, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta), the Far East (Hong Kong, Shanghai, and Shenzhen) and Central America (El Salvador, Honduras and Guatemala) , the Company provides the comprehensive services and technology necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a FMC Licensed Freight Forwarder by the Federal Maritime Commission.
Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT". Additional information on the Company is available on its website at http://www.janelgroup.net.
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's dependence upon conditions in the air, ocean and land-based freight forwarding industry, the size and resources of many competitors, the need for the Company to effectively integrate acquired businesses and to successfully deliver its primary services, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission, including its most recent Form 8-K, Form 10-Q and Form 10-K filings. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE Janel World Trade, Ltd.